1050 Ashland Avenue, West Town, Chicago, Illinois 60622
$1,050,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $5,935 |
| Days On Market: | 226 |
| Lot Size: | 0,00 |
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*
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1910 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 12316025 | |
| 17064120270000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Pritzker Elementary School |
299 | — | |
|
Middle School
Pritzker Elementary School |
299 | Not in DB | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 May, 2025 | Sold | $1,050,000 | MRED MLS |
| 25 Mar, 2025 | Under contract | $949,999 | MRED MLS |
| 19 Mar, 2025 | Listed for sale | $949,999 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 7
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| — | |
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| 25.1X111.5 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $5,935 |
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Listing Provided By
@properties Christie's International Real Estate
