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$1,200,000 Just Listed
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Property Description
3912 N Ashland Ave is a beautifully rehabbed building in Lakeview. The property is zoned mixed-use at B1-2, featuring (2) rehabbed 2br/1ba apartments on the 2nd & 3rd floor leased through spring 2027, and a ground floor that is already built out with 1.5 bedrooms and 2 baths. The ground floor has high end finishes and just recently signed a lease through 3/31/2028. There is also an ability to add a 2nd bedroom or dig down in the basement if you wanted to duplex the unit down. The roof is less than 3 years old, newer water service to the building, new ejector pump, and 2nd floor deck. This property is truly turn key and presents a fantastic opportunity for a user or investor looking to capitalize on rent growth in a high demand submarket.
Full Property Details
Full Property Details for 3912 N Ashland Ave
General
- Price: $1,200,000
- Taxes: $16,404 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12754471
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: Property is located on the west side of Ashland Ave, just south of Irving Park Rd and North of Byron St.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 3,724
- # of Stores: 1
- Year Built: 1914
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,875
- Lot Dimensions: 25 x 115
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $3,528
- Operating Expenses: $28,968
- Other Fee: $7,536
- Security Deposit: Alarm Monitored
- Assessment Year: 1914
- Tax Amount: $16,404.39
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 300
Disclosures and Reports
- Property ID: 14192080350000
Listed by Horvath & Tremblay IL, LLC
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Schools
Schools serving 3912 N Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Blaine Elementary School 1420 West Grace Street, Chicago, IL 60613 | PK-8 | 0.2 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 3912 N Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,605
—
$79,000
44%
2023
$11,604
3%
$55,000
—
2022
$11,313
2%
$55,000
—
2021
$11,060
—
$55,000
11%
2020
$11,027
—
$49,500
-10%
2019
$11,050
-21%
$55,000
-23%
2018
$14,075
19%
$71,252
30%
2017
$11,786
7%
$54,750
—
2016
$10,966
9%
$54,750
—
2015
$10,033
20%
$54,750
22%
2014
$8,338
2%
$44,942
—
2013
$8,174
1%
$44,942
—
2012
$8,065
—
$44,942
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3912 N Ashland Ave
3912 N Ashland Avenue, Chicago, IL 60613 (MLS# 12754471) is a Commercial property. 3912 N Ashland Avenue is currently listed for $1,200,000 and was received on September 14, 2026. Want to learn more about 3912 N Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

