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1443 Ashland Avenue
- Price: $4,200,000
- Number of Units: 33
- Building Size: 20,790 SF
- Property Type: Multi-Family
- 33 Units with Great Mixture of Layout Types
- 1 to 1 Parking Including Some Garage Spaces
- Close Proximity to the Des Plaines Metra Stop and Downtown Des Plaines
- Value add Opportunity with Great In Place Cash Flow
1443 Ashland Avenue is a 17 unit walk up style apartment building located in the Des Plaines suburbs of Chicago. The property features very spacious layouts, a great unit mix, 17 parking spaces, on site laundry facilities, and 16 of the 17 units have balconies. Many of the units have been updated with granite counters, stainless appliances, and new floors. Ownership has maintained the property and made many improvements over the last few years including a new dial up entry system, new windows, replacing the zoning valves with pumps and rewiring the building for new thermostats.
175 S River is a 16 unit California Style apartment building featuring all 1 bedroom 1 bathroom units. 13 of the 16 units have been highly upgraded with Stainless appliances, new vinyl plank flooring, white shaker cabinets, stone counters and new bathrooms. The building features on site laundry and there is a 1 to 1 parking for the tenants. Ownership has made many improvements including new windows in 2017, painting the entire exterior and new lighting in 2017, and added a parking lot.