Chicago, IL 60622 1050 N Ashland Avenue

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Presented By: @properties Christie's International Real Estate
  • MLS# 12316025
  • 03/19/2025
  • Request Tour
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  • Beds • 10
  • Baths • 7
  • SQFT • 4,706

Home Details

*Multiple OFFERS. All offers DUE 3/25 @ 3PM* Discover this PRIME INVESTMENT opportunity in the heart of WEST TOWN, one of Chicago's most sought-after and rapidly appreciating neighborhoods. This well-maintained, income-generating multi-unit building features three spacious apartments and a commercial storefront, offering endless potential for both investors and developers. Property Highlights: THREE LARGE Apartments: UNIT #1 offers TWO bedrooms, one bath, and ample storage. UNIT #2 offers THREE spacious bedrooms, TWO full baths, and a bonus room/FOURTH bedroom. Boasting over ~1,750 sq ft with a LARGE rear D/ECK. UNIT #3 offers FOUR bedrooms, one bath, and ~1,500 sq ft with a LARGE rear DECK. Units feature an open floor plan, ample natural light, CENTRAL A/C and IN-UNIT LAUNDRY, as well as, individual water heaters and meters. Finished basement features a non-conforming unit with TWO bedrooms & TWO full baths. The commercial storefront is a prime retail space, currently generating steady yearly rental income, making this property ideal for investors. Rear, secured, carport for TWO cars. This property has been thoughtfully cared for, with updates and upgrades that ensure long-term value. Tuckpointing, 2020. Roof maintenance, 2024. Situated just steps away from the Division Blue Line and convenient Ashland & Division bus routes, commuting is a breeze. Plus, the property offers close access to the 90/94 expressway, providing seamless connections to downtown Chicago and beyond. Explore the local scene with vibrant dining, shopping, and entertainment options right at your doorstep. With its prime location, income-generating potential, and future development possibilities, this multi-unit building is a must-see for any serious investor or developer looking to capitalize on the booming West Town market. Don't miss out on this rare opportunity-schedule your viewing today! *Presented and sold AS-IS* *Multiple OFFERS. All offers DUE 3/25 @ 3PM*
Presented By: @properties Christie's International Real Estate

Interior Features for 1050 N Ashland Avenue

Bedrooms

Bedrooms Possible10
Total Bedrooms10

Bathrooms

Full Baths Building7
Half Baths Building
Total Baths7

Other Interior Features

BasementFinished, Exterior Entry, Full
Total Number of Units4

General for 1050 N Ashland Avenue

CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsTurn north from Division onto Ashland
Elementary SchoolPritzker Elementary School
Elementary School District299
HeatingNatural Gas
High SchoolWells Community Academy Senior H
High School District299
MLS AreaCHI - West Town
Middle/Junior High SchoolPritzker Elementary School
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount5935.4
Tax Year2023
Total Rooms20
TownshipWest Chicago
Virtual TourClick here
Waterfront Y/NNo
Year Built1910

Exterior for 1050 N Ashland Avenue

Exterior AmenitiesBalcony
Lot Dimensions25.1X111.5
Parking FeaturesAlley Access, Enclosed, Secured, On Site, Owned
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Wells Community Academy Senior H High School
Middle School Pritzker Elementary School

Client Care

Price $949,999
MLS#12316025
List Date 03/19/2025
Property Type Contingent
Phone 847.485.2500
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