524 N Ashland Avenue Chicago, IL $ 649,900
524 N Ashland Avenue
$ 649,900
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524 N Ashland Avenue

Chicago, IL, 60622
$ 649,900
Bedrooms4 Baths2.0 Sq 2,060

Monthly Estimate*

$ 4,055

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Multi-Family Home for sale in Chicago, IL

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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Multi-Family Active

Price

$ 649,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,639

Style

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12493018

Features
Exterior
Model 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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General
Sewer 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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Interior
Basement 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 Features
List By
United Real Estate-Chicago

Broker

kkaminska06@gmail.com

Email

Affordability Calculator

$5,024
Per Month
81%
19%
0%
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$649,900 Listed Price

Map


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524 N Ashland Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $649,900 with 2,060 sqft. 524 N Ashland Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 60622 which is in Chicago, IL