3912 N Ashland Avenue, Chicago, IL 60613

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
3912 N Ashland Avenue,Chicago, IL 60613
$1,300,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tyler weekes
Office: star realty & management
MLS#:12547323
Source:MLSNI

Price summary

  • Price:$1,300,000

About this home

Incredible investment opportunity in Lakeview, ideally located on bustling Ashland Avenue just minutes from premier restaurants, nightlife, shopping, and transit. This well-maintained 3-story building offers approximately 3,724 SF of net rentable space, featuring a highly flexible layout with a total of 5 bedrooms and 4 bathrooms-perfect for an investor seeking strong cash flow with value-add upside. The property is supported by extensive recent capital improvements, including a new water service installed in 2023, updated plumbing and electrical completed in 2024, and a new ejector pump added in 2025, providing a truly turnkey ownership experience with major systems already addressed. A standout feature is the non-conforming owner's unit, which delivers exceptional optionality: it can be utilized as a work/live residence, leased traditionally, or operated as a short-term rental / Airbnb to maximize revenue. Additionally, there is value-add potential through rent enhancements,

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Home facts

  • Year built:1914
  • Listing ID #:12547323
  • Added:52 day(s) ago
  • Updated:March 08, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:7
  • Basement:Yes
  • Basement Description:Partial, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1914

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,300,000
  • Tax amount:$15,872 (2024)
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