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3626 S Ashland Ave
Multi-Family
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$639,800

3626 S Ashland Ave, Chicago

46% below median
9 bd·4 ba·0 sqft
Built 1899McKinley Park

3626 S Ashland Ave, Chicago, IL

9 bd · 4 ba · 0 sqft Multi-Family listed at $639,800, built in 1899 in the McKinley Park neighborhood.

About this home

This beautiful and fantastic brick detached four-unit dwelling presents an excellent investment opportunity. The property is located in the hot McKinley Park area, close to McKinley Park, Community Garden, perfect for leisure activities, sports, and enjoyment. This cozy building was completely renovated in 2018 and 2019, and recently, each unit has its own central AC, heat, electric meter, and two-vehicle parking spaces. There are three remodeled units with two bedrooms and one bathroom, and another unit with three bedrooms, one bathroom, and private washer and dryer in the unit. Additionally, a coin-operated washer and dryer is located in the basement for all residents, and can boost the landlord's rental income. The unfinished basement and attic await the new owner's ideas. This property boasts a prime location, close to the Orange Line and I-55, CTA public transportation, Ashland, 35th St., and Archer bus routes. The property is in excellent condition, but is being sold "AS IS". The current tenants will move out, and the property will be delivered vacant before the closing date.

Property details

Price
$639,800
Bedrooms
9
Bathrooms
4
Year built
1899
Type
Multi-Family
Days on market
76
Est. property tax
$13,308/yr · $1,109/mo · 2.08% IL avg
Last sold
$198,000 · Mar 2018

Estimated monthly payment

Down payment20% ($127,960)
Interest rate6.75%
Principal & Interest$3,320
Property Tax$586
Insurance$150
Total$4,056/mo

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Price history

$700K$337K$-25K$35K on Mar 89 (Sold)$85K on Nov 91 (Sold)$360K on Feb 17 (Initial list)$340K on Mar 17 (Price change)$325K on Apr 17 (Price change)$299K on Jun 17 (Initial list)$325K on Jun 17 (Price change)$289K on Jun 17 (Price change)$289K on Aug 17 (Price change)$269K on Aug 17 (Initial list)$269K on Aug 17 (Price change)$269K on Aug 17 (Relisted)$259K on Sep 17 (Price change)$249K on Oct 17 (Price change)$229K on Oct 17 (Price change)$209K on Dec 17 (Price change)$198K on Feb 18 (Sold)$410K on Sep 18 (Initial list)$380K on Nov 18 (Price change)$380K on Dec 18 (Price change)$380K on Dec 18 (Price change)$500K on Dec 19 (Initial list)$440K on Oct 20 (Price change)$440K on Oct 20 (Price change)$630K on Jul 24 (Initial list)$599K on Jan 25 (Price change)$590K on Mar 25 (Price change)$640K on Feb 26 (Initial list)
$35K · Mar 89$640K · Feb 26
  1. Feb 8, 2026$639,800Initial list price
  2. Mar 3, 2025$589,900Price change
  3. Jan 31, 2025$599,000Price change
  4. Jul 11, 2024$630,000Initial list price
  5. Oct 17, 2020$439,900Price change
  6. Oct 7, 2020$439,900Price change
  7. Dec 13, 2019$499,900Initial list price
  8. Dec 21, 2018$380,000Price change
  9. Dec 20, 2018$380,000Price change
  10. Nov 2, 2018$380,000Price change
  11. Sep 20, 2018$410,000Initial list price
  12. Feb 7, 2018$198,000Sold
  13. Dec 15, 2017$209,000Price change
  14. Oct 27, 2017$229,000Price change
  15. Oct 12, 2017$249,000Price change
  16. Sep 8, 2017$259,000Price change
  17. Aug 28, 2017$269,000Relisted
  18. Aug 27, 2017$269,000Price change
  19. Aug 19, 2017$269,000Initial list price
  20. Aug 14, 2017$289,000Price change
  21. Jun 26, 2017$289,000Price change
  22. Jun 1, 2017$324,500Price change
  23. Jun 1, 2017$299,000Initial list price
  24. Apr 24, 2017$324,500Price change
  25. Mar 26, 2017$339,900Price change
  26. Feb 20, 2017$360,000Initial list price
  27. Nov 21, 1991$85,000Sold
  28. Mar 21, 1989$35,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 3626 S Ashland Ave, Chicago
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Home Intelligence

Neighborhood (zip 60609)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 35.4; 11% hold a bachelor's degree; median household income is $47,209.

Median income
$47,209
Median age
35.4
Owner-occupied
39.6%
Bachelor's degree
10.7%
Census median home value
$228,800

Source: US Census Bureau American Community Survey 5-year estimates.

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