Prime location!! Priced to sell. High rents. Generates lots of cash, nearly $5K/mo. Beautifully renovated 2-Flat plus bonus in-law apartment in the heart of Andersonville. Steps to the heart of the Clark Street corridor with tons of restaurants, outdoor cafes and night life. Live a 45 second walk to Marty's Martini Bar and Hamburger Mary's. Walk to Jewel grocery store. All units were beautifully gut-rehabbed with $225K+ in improvements. All windows were replaced, refinished dark stained hardwood floors, new central heat/air, building was tuckpointed, new roof installed. Unique kitchen layouts with new 42-inch white cabinets and white granite spilling into back room with exposed brick, recessed lighting in kitchen. New ceiling fans throughout. High ceilings, top-down-bottom-up blinds. New patio was installed with pavers. New gates in front and back and new siding on 2-car garage. All-new back stairs. Master key system created, nice yard, storage closets, newer coin laundry in basement. In-law apartment has low ceilings but spent $40K on apartment just two years ago. It's nicely appointed with granite in kitchen with SS appliances, huge bathroom, huge walk-in closet and egress window. Seller nor realtor represent the legality of in-law apartment. Cap rate is over 6%. Realtor is seller's brother.
Property Map
Please use the print button to include maps when printing.
For more information about 5340 N Ashland, Chicago, IL 60640 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by BF Realty, Inc
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.