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1720 North Ashland Avenue

Garrett Leigh Of Essex Three-Twelve Represents Seller In $1.135M Chicago Multifamily Sale
SOLDMultiFamily

Garrett Leigh Of Essex Three-Twelve Represents Seller In $1.135M Chicago Multifamily Sale

1720 North Ashland Avenue

$1,135,000

Building Size

Asset Type

MultiFamily

Closing

Dec 30, 2025

AI

1720 North Ashland Avenue is a two-unit multifamily property situated in Chicago, specifically in the Wicker Park neighborhood. The asset sold for $1,135,000, translating to a price per unit of $567,500, and each duplex offers over 2,400 square feet of living space.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,135,000
  • Units: 2
  • Price Per Unit: $567,500
  • Address: 1720 North Ashland Avenue
  • Market: Chicago

Garrett Leigh from Essex Three-Twelve represented the seller in this transaction. The buyer intends to reside in and renovate the building, ensuring the continuation of the property's legacy.

Players

Garrett Leigh

Essex 312

Broker

$4M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.98%

Cash-on-Cash

-3.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93