4441 N Ashland Avenue Chicago, IL ^$ 4,999,000

4441 N Ashland Avenue

^$ 4,999,000

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New Construction

4441 N Ashland Avenue

Chicago, IL, 60640

^$ 4,999,000

Bedrooms20 Baths0.0

Monthly Estimate*

^$ 33,225

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Multi-Family Home for sale in Chicago, IL

for $4,999,000 with 20 bedrooms. This home was built in 2024.

Introducing an all new brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with just shy of 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. Each unit with has a balcony and additional outdoor space on the building roof and garage roof. Insulated with spray foam insulation. Two parking spaces per unit(one garage, one outside). Tenants responsible for electric and gas. Asking price reflects a proforma cap rate of 5.40%. Developer offering a one year limited warranty. Pictures are of previous projects.

Multi-Family Active

Price

^$ 4,999,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,340

Style

Year Built

2024

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12004422

Features

General

Zoning MULTI

Construction Materials Brick Block

Year Built 2024

Tenant Pays Air Conditioning Electricity Heat Hot Water

Stories 4

Tax Year 2022

Gross Income 343200

County Cook

Net Operating Income 270280

Operating Expense 72920

Insurance Expense 6000

Property Type Commercial Sale Multi Family 5+

Status Active

Directions On the east side of Ashland. north of Montrose south of Wilson.

City Chicago

Total Units 6

MLS Area CHI - Uptown

Street Name Ashland

Tax Annual Amount 12340

Electric Expense 720

Fuel Expense 0

Trash Expense 1800

Water Sewer Expense 2200

Additional Parcels Y/N N

Days on Market 56

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 50 X 150

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Epic Investment Company

Broker

davepatel@email.com

Affordability Calculator

$34,253

Per Month

Monthly Principal & Interest: $33,225
Monthly Property Taxes: $1,028
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,292

Percent of Sale Price 87%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/4/2024	$4,999,000	-0.99%	Price Down
4/10/2024	$5,049,000	-1.00%	Price Down
3/14/2024	$5,100,000		Listed Price

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4441 N Ashland Avenue, Chicago, IL, 60640 is a Multi-Family Home for sale at $4,999,000. 4441 N Ashland Avenue has 20 bedrooms, 0.0 baths, and was built in 2024. The property's zip code is 60640 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/27/2024.

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4441 N Ashland Avenue

Multi-Family Home for sale in Chicago, IL

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