Reported Sep 22, 2026 · Source: The Real Deal
Ace of Ashland is a multifamily & mixed-use sale in Chicago Neighborhoods, Chicagoland. Other details we have: buyer Ace on Ashland Owner LLC (tied to Dwelle Properties); seller LLC tied to Ross Babel / Fulton St. Companies; price $16.4M; size 33 apartments + 2 retail units. The Real Deal reports: “📊 Commercial: A four-story apartment complex known as the Ace of Ashland at 1011-1023 North Ashland Avenue in Chicago traded for $16.4 million.” The Real Deal reports: “The buyers were Ace on Ashland Owner LLC, Ace on Ashland MB 1 LLC and Ace on Ashland MB 2 LLC, which all have an address tied to Dwelle Properties.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at The Real Deal. What the article says:
📊 Commercial: A four-story apartment complex known as the Ace of Ashland at 1011-1023 North Ashland Avenue in Chicago traded for $16.4 million.
The buyers were Ace on Ashland Owner LLC, Ace on Ashland MB 1 LLC and Ace on Ashland MB 2 LLC, which all have an address tied to Dwelle Properties.
Built in 2018, the building has 33 apartments and two retail units, according to its listing on Redfin.
📊 Commercial: In Woodlawn, an LLC tied to Jason Vondrachek of Quest Realty Group offloaded a newly built apartment complex at 825 East 61st Street for $16.5 million.
Article date: 2026-09-22
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