Chicago, IL 60622 1532 N Ashland Avenue
$599,900
Pending



11 more











Presented By: eXp Realty
Home Details
BACK OFFERS WELCOME. LOCATION, LOCATION, LOCATION! HOT West Town/ Wicker Park 4 UNIT under $1M??? Prime corner location accross from Hyatt Place and the in demand Kennedy RoofTop! Beautiful 4 UNIT with flexible B32 Zoning, with an expansive patio/rooftop, all brick property with 3 residential apartments - 1/1 each, 1 commercial storefront with an open floor plan and a full unfinished basement, 2 car attached garage. Location with ample shopping, nightlife, parks and recreation in the area, public transporation: regurlar bus service, walking distance to both the Division and Damen Blue Line, walkng distance to the Clybourn Metra; a commuter's dream. This is a 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 improvements! Boutique cafe? So much opportunity. No Seller financing. 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 guarantees expressed or implied. Conduct independent due diligence.
Presented By: eXp Realty
Interior Features for 1532 N Ashland Avenue
Other Interior Features
FlooringVaries, Vinyl, Wood, Other
General for 1532 N Ashland Avenue
Additional Parcels Y/NNo
Cap Rate8.74
CityChicago
Construction MaterialsBrick, Concrete
CoolingWindow Unit(s)
CountyCook
Directions1 block south of North Ave on Ashland, to 1532 N Ashland. Building is on the south west corner of Pierce and Ashland.
ElectricCircuit Breakers, Separate Meters, Other
Electric Expense250
Fuel Expense
Gross Income59400
Insurance Expense5000
Lease TypeN/A
Lot Size Square Feet1826
MLS AreaCHI - West Town
Net Operating Income52421
Number Of Units Total4
Operating Expense6979
PossessionClosing, Negotiable, Tenant's Rights
Possible UseCommercial, Multi-Family, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
SewerStorm Sewer
Standard StatusPending
StatusPending
Stories Count2
Tax Annual Amount979.25
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available, Water Available, Cable Available
Water Sewer Expense500
Year Built1932
ZoningMULTI
Exterior for 1532 N Ashland Avenue
Building Area Total2844
BuyerOfficeFax(312) 506-0222
Foundation DetailsConcrete Perimeter, Pillar/Post/Pier
Frontage TypeCity Street, Public Road
Lot Dimensions22 X 83
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 2,844