Marcus & Millichap negotiated the sale of 5019 North Ashland Avenue, a seven-unit multifamily property in Chicago for $2.6 million.
Kyle Stengle, investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, Drew Breneman.
5019 N. Ashland Ave. is a boutique apartment building on the northwest edge of Uptown, just south of Andersonville. Built in 1908 and renovated in 2018, the property features two- and three-bedroom units with updated finishes. Residents benefit from proximity to Clark Street’s retail and dining corridor, multiple CTA transit options, the lakefront, and convenient access to Lake Shore Drive and downtown Chicago.
