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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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