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Jenny Wright

[email protected] +1(312) 348-4497

$ 949,999

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Pending

1050 N Ashland AVE Chicago, IL 60622

10 Beds

7 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12316025

Bedrooms 10

Year Built 1910

Annual Tax Amount $5,935

Tax Year 2023

Lot Dimensions 25.1X111.5

Property Sub-Type Two to Four Units

Property Description

*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*

Location

State IL

County Cook

Area Chi - West Town

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Balcony

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Pritzker Elementary School

Middle Schools Pritzker Elementary School

High Schools Wells Community Academy Senior H

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Fernando Senisais • @properties Christie's International Real Estate

Jenny Wright

Real Estate Advisors | License ID: 475.202220

+1(312) 348-4497

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