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3912 N Ashland Ave 3,750 SF 100% Leased Retail Building Chicago, IL 60613 $1,803,620 CAD ($480.97 CAD/SF) 4.58% Cap Rate
INVESTMENT HIGHLIGHTS
- On site parking
- Individual mechanicals
- Mix of Large One and Two-Bedroom Units
- Recently renovated
EXECUTIVE SUMMARY
Introducing this incredible investment opportunity in Lakeview—a 3,724 SF, 3-unit property located at 3912 N Ashland Ave. This gem boasts a mix of spacious one and two-bedroom units, each with individual mechanicals. On-site parking provides added convenience for tenants, making this property a compelling choice for investors seeking a low-rise/garden multifamily opportunity. Recent renovations add modern appeal and offer a turnkey solution for savvy investors looking to capitalize on the thriving Chicago real estate market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,750 SF
Building Class
C
Year Built
1913
Price
$1,803,620 CAD
Price Per SF
$480.97 CAD
Cap Rate
4.58%
NOI
$82,606 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.96
Lot Size
0.09 AC
Zoning
B1-2 - Business
Parking
2 Spaces (0.53 Spaces per 1,000 SF Leased)
Frontage
25’ on Ashland Ave
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-19-208-035-0000 | Improvements Assessment | $54,905 CAD |
| Land Assessment | $54,905 CAD | Total Assessment | $109,809 CAD |
PROPERTY TAXES
Parcel Number
14-19-208-035-0000
Land Assessment
$54,905 CAD
Improvements Assessment
$54,905 CAD
Total Assessment
$109,809 CAD
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3912 N Ashland Ave
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