Sold for $840,000 on 8/31/23
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
7 |
— |
1905 |
— |
2 |
$11,261 |
740 days |
Full and TRUE Gut Rehabbed to the Studs 3-unit Greystone in the heart of Andersonville. Building is 100% leased with $5,780 Monthly Rent Roll (all leases under market rents), grossing $69,360 annually. Building houses 3-luxury apartments feature hardwood floors throughout, central heating and cooling, open floor plans, custom baths w/ designer finishes, granite and stainless kitchens, in-unit laundry, enclosed rear porches, tall ceilings and lots of natural light. Building has 2-car garage in the rear. Easy, Low Maintenance Investment Building. Can come with professional management at 7% that handle everything. Also easy to self-manage. Very low maintenance investment property. Perfect for any house hacker or Investors utilizing the latest Federal Savings Portfolio 15% down loan, 5.95% 3 Year Arm, for non-occupant investment loans. Fantastic Andersonville location; CTA bus stop right outside the door, Anderson park a few doors to the North, walking distance to restaurants, coffee shops, convenience store, the CTA Red Line, the Lakefront Trail and the beach. This building is a rare gem!
Listing courtesy of Main Street Real Estate Group
5215 N Ashland Ave. is a multi-unit home built in 1905, and is located in Chicago, IL, in the Andersonville neighborhood. It has 7 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $11,261.
Marco Amidei
(888) 32-Marco (847) 630-4886
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