Sold

524 N Ashland Avenue, Chicago, IL 60622

Beds
4
Baths
2
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byUnited Real Estate-Chicago
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Overview

EXCEPTIONAL & RARE INVESTMENT OPPORTUNITY TO ACQUIRE THIS SPACIOUS BRICK & FRAME 2-FLAT BUILDING IN THE COVETED WEST TOWN AREA. THE UNIQUE 5 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT FEATURES: RECENTLY PAINTED FRONT ROOM & NEW GLASS BLOCK WINDOW, 2 BEDROOMS, 1 BATHROOM, LIVING ROOM, DINING ROOM, KITCHEN & POLISHED HARDWOOD FLOORS. 2ND APARTMENT FEATURES: RECENTLY PAINTED WITH NEW FRONT WINDOWS, 2 BEDROOMS, 1 BATHROOM WITH NEW SINK, NEW FAUCET, NEW TOILET, NEW TOWEL BARS, NEW WHIRLPOOL TUB, SPACIOUS KITCHEN WITH NEW OVEN & FRIDGE, NEW FAUCET, REFINISHED HARDWOOD FLOORS & SKYLIGHTS WITH NEW FLASHING, NEW BACK DOOR & SLIDING GLASS DOOR. NEW FRONT DOORS FOR BOTH UNITS INSTALLED IN 2024, WITHIN THE LAST 5 YEARS ALL NEW LIGHT FIXTURES, NEW LED CAN LIGHTS, NEW PLUMBING FIXTURES, REFINISHED HARDWOOD FLOORS & EACH UNIT HAS ITS OWN WASHER & DRYER (2023). NEW WATER HEATER FOR 1ST FLOOR INSTALLED IN 2023, HVAC & A/C 2023. FULL TEAR OFF & BRAND-NEW ROOF, SIDING & 4 INCH GUTTERS, FRONT FACADE (OUTER BRICK & INNER CINDER BLOCKS IN JUNE OF 2024. NEW FRONT SIDE GATE & NEW MAIL BOXES INSTALLED IN SEPTEMBER OF 2024. UNIQUE & SPACIOUS 10 FOOT 5.5 CAR GARAGE WITH SERVICED CENTRAL HEAT & NEW GARAGE DOOR OPENER (2024). YOU CAN RESIDE IN ONE UNIT & RENT THE OTHER OR SIMPLY PURCHASE FULLY FOR INVESTMENT. RENTS IN THE AREA FOR 2 BEDROOM/1 BATHROOM APARTMENTS RANGE FROM $2,000 - $2,500 PLUS ADDITIONAL RENTAL INCOME FROM THE GARAGE $1,000 - $1,500 OR MORE. CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90. 3 LOTS FOR SALE NEXT TO EACH OTHER 524 N. ASHLAND AVE/526 N. ASHLAND AVE (INDUSTRIAL COMMERICAL OFFICE/WAREHOUSE) & 530 N. ASHLAND AVE, ZONED B3-2. POSSIBILTY OF BUILDING A MULTIPLE APARTMENT BUILDING (RE-ZONING REQUIRED TO RM-5/BUYER RESPONSIBLE FOR VERYFING).

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
2
Year built
1900

Interior features

Basement
Yes, Unfinished

Garage and parking

Garage parking spaces
5

Utilities

Heating
Natural gas
Cooling
Ceiling fan(s)
Sewer
Public sewer

Estimated monthly costs

Insurance
$1,592

Taxes

Tax Annual Amount (2023)
$11,639

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12493018 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.