1813 S Ashland Ave Chicago, IL 60608

This fully renovated multifamily property offers a turn-key investment opportunity with 100% occupancy and strong in-place cash flow. The attractive brick building features modernized layouts with open floor plans, newly updated kitchens, and contemporary bathrooms. The renovations enhance the property’s long-term durability while reducing near-term capital needs. The property includes a vacant coach house located above the rear garage, primed for renovation and conversion into an additional rental unit. The property is located steps from the 18th Street retail district, which offers a wide range of local restaurants, coffee shops, art galleries, and neighborhood services. The property benefits from strong pedestrian activity and a dynamic neighborhood character. Transportation access is excellent, with the CTA Pink Line 18th Street Station located within walking distance, providing direct service to downtown Chicago and connections across the CTA rail system. Multiple CTA bus routes also serve the area along Ashland Avenue and 18th Street. For drivers, the property offers convenient access to the Eisenhower (I-290), Stevenson (I-55), and Dan Ryan (I-90/94) Expressways. The location is also supported by nearby community amenities, including schools, medical centers, and recreational facilities, along with proximity to the University of Illinois at Chicago (UIC), the Illinois Medical District and Chicago Fire Practice Facility. The property has in-unit laundry and a full basement.