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$4,800,000
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4441 N Ashland Avenue Chicago, IL 60640
General Commercial
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Introducing an all brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with approximately 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. All the units have a front... 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 5.90%. Short term rentals will yield a higher return. Developer offering a one year limited warranty. Construction is complete, and ready for occupancy. For the right buyer, seller will consider leasing some units, prior to closing.
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MLS#
12091986
Property Type
General Commercial
Year Built
2024
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