1532 N Ashland AVE NE new

Chicago,IL 60622

$ 725000

- Bed

0 Bath

2844 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,844 sqft

Price per Sqft $254

MLS Listing ID 12383131

Year Built 1932

Annual Tax Amount $979

Tax Year 2023

Lot Dimensions 22 X 83

Property Sub-Type Mixed Use

Property Description

4 UNIT VALUE ADD OPPORTUNITY IN THE PRIME WICKER PARK/BUCKTOWN AREA! Brick, Mixed Use Building with 3 residential apartments - 1/1 each, 1 commercial storefront that operated as a pick up/drop off cleaners by the seller for over 40 years, 2 car attached garage, full unfinished basement with very high ceilings, an expansive patio/rooftop deck/sundeck. Family occupied building, so rents are well below market and ready for new owner to maximize revenue and value on this great investment via stabilization and strategic improvents! Cash or Reno Financing ONLY, Lis Pendens from the City of Chicago Case#20231401774, seller has an estimate of approximately $68K for the masonry work, permits applied for; however, seller chose to let the new owner decide the work to be done as part of their own reno plan. Scafolding already in place, permits and violations will transfer with sale. Sold AS IS WHERE IS. Neither seller, seller's agent or seller's brokerage make any respresentations, warranties or guarantess expressed or implied. Conduct independent due diligence. 48 hour notice to view required, POF/PRE APPROVED BUYERS. NOTE: 1526 N Ashland a 2 UNIT recently sold for $549K, this is a 4 UNIT do the math!

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Window Unit(s)

Flooring Varies,Vinyl,Wood,Other

Fireplace N

Exterior

Utilities Available Electricity Available,Natural Gas Available,Water Available,Cable Available

Building

Dwelling Type Mixed Use

Sewer Storm Sewer

Water Municipal Water

Level or Stories 2

Structure Type Brick,Concrete

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