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1817 S. Ashland Ave.
Chicago, IL 60608
Asking Price
$400K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 4 Units <ul><li>4-unit, brick apartment building </li><li>Currently gutted with open floorplans - Plans for 2 bedroom, 2 bath in all </li><li>4 floor units, rooftop access for penthouse unit</li><li>Excellent opportunity for investor or developer</li><li>Two-car garage </li><li>High demand location in the heart of the Pilsen Historic District</li><li>Attractions in the area include: Cost co, Dunkin’, Walgreen’s, ALDI, Sub way, Extra Space Storage and more</li><li>Zoning: C1-2</li><li>Taxes (20
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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219
