1532 N Ashland Avenue
Chicago, IL, 60622
$599,900
Beds
0 Baths
0 SqFt
0 Acres
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$599,900
1532 N Ashland Avenue
Chicago, IL, 60622
MLS #MRD12545731 image #0
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. “As Is” appraisal on hand at $625K! 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.

Property Details

Price:
$599,900
MLS #:
MRD12545731
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwesttown
Listed Date:
Jan 12, 2026
Total Sq Ft:
2,844
Year Built:
1932
Chi – West TownChiwesttown

Schools

Interior

Cooling
Window Unit(s)
Flooring
Varies, Vinyl, Wood, Other

Exterior

Construction Materials
Brick, Concrete

Financial

Net Operating Income
$52,421
Tax Year
2023
Taxes
$979
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Jan 16, 2026
949
Commercial Listed
194
Avg DOM
167
Avg $ / SqFt
$1,035,487
Avg List Price

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Property Summary

    1532 N Ashland Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $599,900 To schedule a showing of MLS#mrd12545731 at 1532 N Ashland Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1532 N Ashland Avenue
Chicago, IL