1050 N Ashland Avenue
Chicago, IL 60622
- 10 beds
- 7 baths
- – sqft
- 2,799 sqft lot
- 1910 build
- – on site
*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 of $24k, 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 of over ~$84k annually, 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! ZONED B1-2. *Presented and sold AS-IS* *Multiple OFFERS. All offers DUE 3/25 @ 3PM*
Last checked:
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Last updated Mar 25, 2025
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MLS# 12316025 —
The Building
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Year Built:1910
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Rebuilt:No
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New Construction:false
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Basement:Full
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Exterior Features:Balcony, Patio
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Patio And Porch Features:Patio
Interior
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Rooms Total:20
Location
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Directions:Turn north from Division onto Ashland
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Location:85774
The Property
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Parcel Number:17064120270000
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Property Type:Residential Income
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Lot Size Dimensions:25.1X111.5
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 813-1755
- Office phone:
- (773) 472-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:5935.4
Beds
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Bedrooms Total:10
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Bedrooms Possible:10
Baths
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Baths:7
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Full Baths:7
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Pritzker Elementary School
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Elementary School District:299
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Middle Or Junior School:Pritzker Elementary School
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Middle Or Junior School District:299
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High School:Wells Community Academy Senior H
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High School District:299
Parking
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Parking Total:2
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Parking Features:Alley Access, Enclosed, Secured
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Parking Onsite:Yes
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Parking Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Listed / Active | MRED | $949,999 |
