524 N Ashland Avenue
Chicago, IL, 60622 $ 649,900
Bedrooms4 Baths2.0 Sq 2,060 Monthly Estimate*
$ 4,055
for $649,900 with 4 bedrooms and 2 full baths. This 2,060 square foot home was built in 1900.
EXCEPTIONAL & RARE INVESTMENT OPPORTUNITY TO ACQUIRE THIS SPACIOUS BRICK & FRAME 2-FLAT BUILDING IN THE COVETED WEST TOWN AREA. THE UNIQUE 5 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT FEATURES: RECENTLY PAINTED FRONT ROOM & NEW GLASS BLOCK WINDOW, 2 BEDROOMS, 1 BATHROOM, LIVING ROOM, DINING ROOM, KITCHEN & POLISHED HARDWOOD FLOORS. 2ND APARTMENT FEATURES: RECENTLY PAINTED WITH NEW FRONT WINDOWS, 2 BEDROOMS, 1 BATHROOM WITH NEW SINK, NEW FAUCET, NEW TOILET, NEW TOWEL BARS, NEW WHIRLPOOL TUB, SPACIOUS KITCHEN WITH NEW OVEN & FRIDGE, NEW FAUCET, REFINISHED HARDWOOD FLOORS & SKYLIGHTS WITH NEW FLASHING, NEW BACK DOOR & SLIDING GLASS DOOR. NEW FRONT DOORS FOR BOTH UNITS INSTALLED IN 2024, WITHIN THE LAST 5 YEARS ALL NEW LIGHT FIXTURES, NEW LED CAN LIGHTS, NEW PLUMBING FIXTURES, REFINISHED HARDWOOD FLOORS & EACH UNIT HAS ITS OWN WASHER & DRYER (2023). NEW WATER HEATER FOR 1ST FLOOR INSTALLED IN 2023, HVAC & A/C 2023. FULL TEAR OFF & BRAND-NEW ROOF, SIDING & 4 INCH GUTTERS, FRONT FACADE (OUTER BRICK & INNER CINDER BLOCKS IN JUNE OF 2024. NEW FRONT SIDE GATE & NEW MAIL BOXES INSTALLED IN SEPTEMBER OF 2024. UNIQUE & SPACIOUS 10 FOOT 5.5 CAR GARAGE WITH SERVICED CENTRAL HEAT & NEW GARAGE DOOR OPENER (2024). YOU CAN RESIDE IN ONE UNIT & RENT THE OTHER OR SIMPLY PURCHASE FULLY FOR INVESTMENT. RENTS IN THE AREA FOR 2 BEDROOM/1 BATHROOM APARTMENTS RANGE FROM $2,000 - $2,500 PLUS ADDITIONAL RENTAL INCOME FROM THE GARAGE $1,000 - $1,500 OR MORE. CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90. 3 LOTS FOR SALE NEXT TO EACH OTHER 524 N. ASHLAND AVE/526 N. ASHLAND AVE (INDUSTRIAL COMMERICAL OFFICE/WAREHOUSE) & 530 N. ASHLAND AVE, ZONED B3-2. POSSIBILTY OF BUILDING A MULTIPLE APARTMENT BUILDING (RE-ZONING REQUIRED TO RM-5/BUYER RESPONSIBLE FOR VERYFING).
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FeaturesExteriorModel 2-FLAT
Parking Features Garage Door Opener Garage Yes Garage Owned Detached
Water Source Lake Michigan
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 2568
Waterfront Y/N N
Other Equipment Intercom CO Detectors Ceiling Fan(s) Sump Pump Multiple Water Heaters
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GeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 5
Construction Materials Aluminum Siding Brick
Year Built 1900
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 1592
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage(s)
Total Rooms 12
Status Active
Directions Grand Ave East to Ashland Ave North to Property
City Chicago
High School District 299
MLS Area CHI - West Town
Tax Annual Amount 11639
Water Sewer Expense 732
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Bathroom Soaking Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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* Excluded FeaturesList ByUnited Real Estate-ChicagoBroker
kkaminska06@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,055
- Monthly Property Taxes
- $970
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $615,846
Percent of Sale Price 5%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/10/2025 | $649,900 | | Listed Price |