5225 Ashland Avenue

    Chicago, IL 60640
    • $1,750,000
    • STATUS: Active Under Contract
    • ON SITE: 164 days
    • MLS #: 10072740
    Under Contract
    UPDATED: 49 min ago
    $1,750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $318
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Prime real estate location in the Heart of Andersonville. Condo De-conversion to Apartments Currently 10 condo quality apartment units, common laundry on site. 9 Parking spaces. California style building. Do not disturb owners and tenants. 8 x 1 bedrooms apartments, 1 x 2 bed/2 bath, 1 x 5 bed 3 bath (could be subdivided) Rents are increasing, Neighborhood is A+ for location, walkability score to restaurants, shops, transit. Also, the New Chicago Waldorf School across the street is opening very soon! Sale does require condo board approval and time for deconversion to take place estimated 4 months. Please Drive by the location first.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scott Schoon with Century 21 Affiliated. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Scott Schoon with Century 21 Affiliated are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-02-17T14:50:50.943.

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    www.scottc21.com/homes/87202867

    5225 Ashland Avenue Chicago, IL 60640

    • Price: $1,750,000
    • Status: Active Under Contract
    • Updated: 49 min ago
    • MLS #: 10072740
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,500
    SQFT
    $318
    $/SQFT
    1960
    Built
    Neighborhood:
    Chi - Edgewater
    County:
    Cook
    Area:
    Chi - Edgewater
    Property Description
    Prime real estate location in the Heart of Andersonville. Condo De-conversion to Apartments Currently 10 condo quality apartment units, common laundry on site. 9 Parking spaces. California style building. Do not disturb owners and tenants. 8 x 1 bedrooms apartments, 1 x 2 bed/2 bath, 1 x 5 bed 3 bath (could be subdivided) Rents are increasing, Neighborhood is A+ for location, walkability score to restaurants, shops, transit. Also, the New Chicago Waldorf School across the street is opening very soon! Sale does require condo board approval and time for deconversion to take place estimated 4 months. Please Drive by the location first.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Lot Dimensions 75X101 Lot Sq Ft 7575 Number Of Parking Spaces 9 Roof Structure Flat

    Interior Features

    Air Conditioning Central AirCentral IndividualWindow Unit/S Basement Description UnfinishedExterior Access Indoor Parking 6-12 Spaces Miscellaneous Inside Storage InsideLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 5 Number Of Bedrooms Unit4 0 Number Of Dishwashers 10 Number Of Dryers 3 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 2 Number Of Full Bathrooms Type3 3 Number Of Ranges 10 Number Of Refrigs 10 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 7 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 8 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 3 Outdoor Parking 6-12 Spaces Repairs Decor Expense 9139

    Property Features

    Age Older Assessment Includes Water Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Condominium Electric Expense Source Owner Projection Electrical Service Circuit BreakersSeparate Meters0-100 Amps Electricity Expense 1200 Expense Year 2017 Fuel Expense 1600 Fuel Expense Source Owner Projection Gross Rental Income Amount 19050 Heat Ventilation ElectricWall UnitSeparate Per Unit Insurance Expense 5157 Insurance Expense Source Actual Janitor Expense 1200 Janitor Expense Source Owner Projection Known Encumbrances Right Of First Refusal Miscellaneous Outside Balcony/IesCourtyardEnclosed Stairs Monthly Income Max1 1500 Monthly Income Max2 2000 Monthly Income Max3 3500 Net Oper Income Amount 16570 Net Operating Income Year 2017 Other Expense Source Owner Projection Other Expenses 2135 Owners Assoc YN Yes Possession Other Potential Use CondominiumPlanned Unit DevelopmentResidential-Multi-Family Sale Terms Other Tax Year 2016 Taxes 22927 Tenant Pays Electric Total Annual Exp 24796 Total Annual Expense Source Owner Projection Total Annual Income 190500 Total Monthly Income 15875 Township Lake View Type Multi Family Garden Complex Unincorporated YN No Washer Dryer Lsd YN Yes Water Expense 1900 Water Expense Source Owner Projection Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Chicago-Lincoln Park.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scott Schoon with Century 21 Affiliated. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Scott Schoon with Century 21 Affiliated are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-02-17T14:50:50.943.

    Digital Millennium Copyright Act
     
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