1532 N Ashland Avenue
Chicago, IL, 60622
$699,000
Beds
0 Baths
0 SqFt
0 Acres
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$699,000
1532 N Ashland Avenue
Chicago, IL, 60622
MLS #MRD12383131 image #0MLS #MRD12383131 image #1
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! This is a no brainer for a savy investor looiking to maximize the location, rental demand and the potential! Priced like a 2 unit. 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 guarantees expressed or implied. Conduct independent due diligence. 48 hour notice to view required, POF/PRE APPROVED BUYERS.

Property Details

Price:
$699,000
MLS #:
MRD12383131
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwesttown
Listed Date:
Jun 21, 2025
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
$38,981
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 Sep 03, 2025
1,069
Commercial Listed
164
Avg DOM
151
Avg $ / SqFt
$1,041,967
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 $699,000 To schedule a showing of MLS#mrd12383131 at 1532 N Ashland Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1532 N Ashland Avenue
Chicago, IL