Situated in a highly sought-after area, this property benefits from a location that's known for its strong rental demand. This property offers the versatility of 5 apartments and a restaurant. This is an extremely solid VALUE ADD OPPORTUNITY. Apartments utilities are separated and tenants pay their own. A smart investor will easily be able to turn this into a $1.6M+ property at a 6 Cap Rate. There are minimal upfront costs and the big ticket items are recently done.
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For more information about 1466 N Ashland, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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