Investment Overview

Marcus & Millichap is pleased to present 4130 North Ashland Avenue located in the Lakeview neighborhood of Chicago. Residents of Lakeview enjoy convenient access to Lake Michigan beaches and shoreline parks which includes a 1,200 acre outdoor oasis featuring Lakefront trail, a golf course, a boat harbor, tennis courts, and picnic areas. There are also numerous shopping centers, bars, restaurants, coffee shops, and parks, including Wrigley Field, and variety of comedy, arts and musical theatres nearby. The subject property is located approximately 12 miles to O'Hare International Airport, less than one mile to the CTA Brown Line Irving Park station, approximately one mile to the CTA Red Line Sheridan station, approximately one and one-quarter mile to the Ravenswood Union Pacific North Metra station, and near multiple CTA bus stops along Irving Park Road and North Clark Street. The subject property consists of one studio unit (approximately 600 square feet), one onebedroom / one-bathroom unit (approximately 850 square feet), and four two-bedroom / one-bathroom units (approximately 1,200 square feet). Select units feature kitchens with granite countertops, 42 inch cabinets, and stainless-steel appliances including a dishwasher. Common areas feature vintage details with modern finishes. Select units feature in-unit washer and dryer and central air. The property features three on-site income generating parking spaces. Here, an investor has the opportunity to acquire a vintage, well-maintained apartment property with improvements. This asset is being sold as is.