848 N Ashland Avenue Chicago, IL $ 489,000
848 N Ashland Avenue
$ 489,000
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848 N Ashland Avenue

Chicago, IL, 60622
$ 489,000
Bedrooms3 Baths2.1 Sq 2,060

Monthly Estimate*

$ 3,416

848 N Ashland Avenue, Chicago, IL 60622 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $489,000 with 3 bedrooms and 2 full baths, 1 half bath. This home is 2,060 square feet.

This property is an exceptional opportunity for buyers looking to invest in a highly versatile and well-located piece of real estate in West Town. Comprised of two units, including a 1st floor retail space and a spacious 3-bedroom apartment on the 2nd floor, along with a basement and attic, this property offers a range of possibilities for both residential and commercial use. Additionally, this is potential for "Granny flats" with a brick 4-car garage and a backyard, there is ample space for additional storage or parking. The brick construction of the building lends to a timeless aesthetic, and the property has been priced for a quick sale. The previous retail tenant on the ground floor was a dentist, indicating that the space is highly adaptable for various types of businesses or services. The residential space on the upper floors could easily be modernized or updated to suit the preferences of new owners or tenants. This property is ideal for wise investors or owner-occupiers who are looking to take advantage of a rare opportunity to acquire a highly desirable piece of real estate in West Town. While the property may require some TLC or modernization, it is being sold "As-Is", providing buyers with the freedom to make changes and improvements as they see fit. Don't miss out on the chance to own this excellent investment property!

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Multi-Family Active

Price

$ 489,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,410

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11883022

Features
General
Sewer Public Sewer
Heating Natural Gas Electric
Possession Closing
Garage Spaces 4
Township West Chicago
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status Active
Directions South of Division St & North of Chicago Ave.
City Chicago
High School District 299
MLS Area CHI - West Town
Waterfront Y/N N
Street Name Ashland
Tax Annual Amount 5410.88
Days on Market 173
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Unfinished
Street Suffix Avenue
Total Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Full Baths Building 1
Half Baths Building 1
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 4
Lot Dimensions 25X111
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Arc Red Inc Arc Realty Group

Broker

andy@homebybroker.com; andrew@homebybroker.com

Email

Affordability Calculator

$3,867
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,416
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2024$489,000 -2.20% Price Down
10/31/2023$499,997 -4.49% Price Down
10/4/2023$523,499 Listed Price

Map


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848 N Ashland Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $489,000 with 2,060 sqft. 848 N Ashland Avenue has 3 bedrooms and 2.1 baths. The property's zip code is 60622 which is in Chicago, IL