$725,000
1532 N Ashland Avenue
Chicago, IL, 60622
4 UNIT VALUE ADD OPPORTUNITY IN THE PRIME WICKER PARK/BUCKTOWN AREA! Brick, Mixed Use Building with 3 residential apartments – 1/1 each, 1 commercial storefront that operated as a pick up/drop off cleaners by the seller for over 40 years, 2 car attached garage, full unfinished basement with very high ceilings, an expansive patio/rooftop deck/sundeck. 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 improvents! Cash or Reno Financing ONLY, 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 guarantess expressed or implied. Conduct independent due diligence. 48 hour notice to view required, POF/PRE APPROVED BUYERS. NOTE: 1526 N Ashland a 2 UNIT recently sold for $549K, this is a 4 UNIT do the math!
Property Details
Price:
$725,000
MLS #:
MRD12383131
Status:
Active
Beds:
0
Baths:
0
Address:
1532 N Ashland Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Jun 21, 2025
State:
IL
Total Sq Ft:
2,844
ZIP:
60622
Year Built:
1932
Schools
Interior
Cooling
Window Unit(s)
Flooring
Varies, Vinyl, Wood, Other
Exterior
Construction Materials
Brick, Concrete
Financial
Tax Year
2023
Taxes
$979
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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1532 N Ashland Avenue
Chicago, IL
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