6912 N Ashland Ave, Chicago, IL
12 bd · 43 ba · 0 sqft Multi-Family listed at $4,800,000, built in 1928 in the Rogers Park neighborhood.
About this home
The property features a well-balanced unit mix consisting of twenty-eight (28) studio apartments and twelve (12) one-bedroom/one-bathroom units. The majority of apartments offer upgraded interiors complemented by vintage character, with finishes that include granite or quartz countertops, raised-panel cabinetry, and hardwood or vinyl flooring. Common area amenities include a secured building entrance, an on-site laundry facility, and a dedicated mail and package room. Current in-place rents are approximately 15% below market compared to nearby properties with similar finishes, presenting an opportunity for new ownership to implement a more proactive management strategy and capture meaningful rental upside.
Property details
- Price
- $4,800,000
- Bedrooms
- 12
- Bathrooms
- 43
- Year built
- 1928
- Lot size
- 17,200 sqft
- Type
- Multi-Family
- Days on market
- 45
- Est. property tax
- $99,840/yr · $8,320/mo · 2.08% IL avg
Estimated monthly payment
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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.
Home Intelligence
Neighborhood (zip 60626)
This neighborhood is primarily renter-occupied (29% owner-occupied). Median age is 35.7; 33% hold a bachelor's degree; median household income is $56,145.
- Median income
- $56,145
- Median age
- 35.7
- Owner-occupied
- 29.1%
- Bachelor's degree
- 33.2%
- Census median home value
- $268,500
Source: US Census Bureau American Community Survey 5-year estimates.
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