6944 North Ashland BoulevardChicago, IL 60626Price: $4,750,000

  • Price: $4,750,000
  • 96 Days on Market
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Federal 30-year interest rate: 6.71% last updated on Jun 8, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.22Acreage
  • 11,200Square Feet
  • 1925Year Built

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Fantastic Opportunity! Prime Location! Value Add Opportunity! Property consists of 37 Apartments and 4 Storefronts. Hardwood Floors Throughout, All Aluminum Windows, Well Maintained Boiler System, Tenants Pay Electricity and Cooking Gas. Large Studio Layouts allow for conversion to 1 bedroom. Great property to buy and hold or improve for higher rents. 31 Studios and 6 One Bedrooms. Currently Managed by Onsite Engineer. Property can be purchased with additional 41 unit 6956 N Ashland. Owner is currently in the process of updating the electrical service. See attached Income Statement.

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Listed by Roman Serra and Julia Stoner of Fulton Grace Realty

Based on information submitted to MRED  as of June 10, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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