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$ 1,200,000
Est. payment | /mo
3,724 SqFt
$ 1,200,000
Est. payment | /mo
3,724 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,724 sqft
Price per Sqft $322
MLS Listing ID 12754471
Year Built 1914
Annual Tax Amount $16,404
Tax Year 2025
Lot Size 3,049 Sqft
Lot Dimensions 25x115
Property Sub-Type Mixed Use
Property Description
3912 N Ashland Ave is a beautifully rehabbed building in Lakeview. The property is zoned mixed-use at B1-2, featuring (2) rehabbed 2br/1ba apartments on the 2nd & 3rd floor leased through spring 2027, and a ground floor that is already built out with 1.5 bedrooms and 2 baths. The ground floor has high end finishes and just recently signed a lease through 3/31/2028. There is also an ability to add a 2nd bedroom or dig down in the basement if you wanted to duplex the unit down. The roof is less than 3 years old, newer water service to the building, new ejector pump, and 2nd floor deck. This property is truly turn key and presents a fantastic opportunity for a user or investor looking to capitalize on rent growth in a high demand submarket.
Location
State IL
County Cook
Area Chi - Lake View
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Preston of Horvath & Tremblay IL, LLC
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