REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 725,000
Est. payment /mo
New
1532 N Ashland AVE NE Chicago, IL 60622
2,844 SqFt
UPDATED:
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Magdalane Marcol • eXp Realty