$1,020,500
SOLD NOV 24, 2025
8 Beds
8 Baths
-- Sq Ft
1916 Built

Sale Details

Date Sold: November 24, 2025

7% Below List Price

4 Days on Market

Highlights

  • 3 Car Detached Garage
  • Ceiling Fan
  • 2-minute walk to White (Willye B.) Park

About This Home

As of November 2025

This home is located at 7708 N Ashland Ave, Chicago, IL 60626 and is currently priced at $1,020,500. This property was built in 1916. 7708 N Ashland Ave is a home located in Cook County with nearby schools including Gale Elementary Community Academy, Sullivan High School, and Acero - Sor Juana Ines de la Cruz School.

Last Agent to Sell the Property

Maurice Nelson

Maurice Nelson LLC License #471003558 Listed on: 10/16/2025

Last Buyer's Agent

Jennifer Lapins

@properties Christie's International Real Estate License #475123971

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,781

Year Built

  • Built in 1916 | Remodeled in 2005

Parking

  • 3 Car Detached Garage
  • Parking Available

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 8 Bathrooms

Additional Features

  • Lot Dimensions are 30x125
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $2,800
  • Water Sewer Expense $1,680
  • Gross Income $94,800
  • Net Operating Income $89,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,781

Year Built

Built in 1916 | Remodeled in 2005

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Basement: Finished, Partial
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1680

Lot Info

  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: All

Multi Family

  • Net Operating Income: 89840
  • Insurance Expense: 2800
  • ElectricExpense: 480
  • GrossIncome: 94800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13781
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2025
Closed on
Nov 4, 2025
Sold by
Leon Nelson
Bought by
Seller's Agent
Maurice Nelson
Maurice Nelson LLC
Buyer's Agent
Jennifer Lapins
@properties Christie's International Real Estate
List Price
$1,100,000
Sold Price
$1,020,500
Premium/Discount to List
-$79,500
-7.23%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,325
Outstanding Balance
$658,408
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Aug 2, 2019
Sold by
Brown Thomas A and Brown Amy
Bought by
Nelson Maurice Leon and Wooten Margaret Ellen
Seller's Agent
Julie Williams
Sparrow Realty, LLC
Buyer's Agent
Maurice Nelson
Maurice Nelson LLC
List Price
$740,000
Sold Price
$707,000
Premium/Discount to List
-$33,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$694,194
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2014
Sold by
New Urban Properties Llc
Bought by
Brown Thomas A and Brown Amy

Purchase Details

Closed on
Apr 25, 2008
Sold by
Brown Thomas
Bought by
New Urban Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2008
Sold by
Diem Amanda
Bought by
Brown Thomas and Brown Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 1998
Sold by
Kaburov Giro
Bought by
Diem Jerome A

Purchase Details

Closed on
Nov 22, 1995
Sold by
Taskov Peter and Taskov Petar
Bought by
Kaburov Giro

Purchase Details

Closed on
Jun 3, 1995
Sold by
Taskov Peter and Taskov Petar
Bought by
Taskov Peter and Timov Rada
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,020,500 Greater Illinois Title
Warranty Deed $707,000 Near North National Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $685,000 Multiple
Warranty Deed $190,000 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $663,325 New Conventional
Previous Owner $24,921 FHA
Previous Owner $57,407 FHA
Closed $694,194 FHA
Previous Owner $513,750 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $1,020,500 -7.2% --
10/20/2025 10/20/25 Pending -- -- --
10/16/2025 10/16/25 For Sale $1,100,000 +55.6% --
08/06/2019 08/06/19 Sold $707,000 -3.0% -- View Prior Sale
01/12/2019 01/12/19 Pending -- -- --
12/17/2018 12/17/18 Price Changed $729,000 -1.5% --
10/25/2018 10/25/18 For Sale $740,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,136 $80,000 $10,890 $69,110
2024 $14,136 $80,000 $10,890 $69,110
2023 $13,781 $67,000 $8,712 $58,288
2022 $13,781 $67,000 $8,712 $58,288
2021 $13,473 $67,000 $8,712 $58,288
2020 $13,070 $58,670 $7,524 $51,146
2019 $12,767 $66,975 $7,524 $59,451
2018 $12,551 $66,975 $7,524 $59,451
2017 $9,726 $48,554 $6,732 $41,822
2016 $9,225 $48,554 $6,732 $41,822
2015 $8,417 $48,554 $6,732 $41,822
2014 $8,473 $48,236 $6,336 $41,900
2013 $8,295 $48,236 $6,336 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12497765

Midwest Real Estate Data (MRED)
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