526 N Ashland Avenue Chicago, IL $ 599,900
526 N Ashland Avenue
$ 599,900
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526 N Ashland Avenue

Chicago, IL, 60622
$ 599,900
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 3,743

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Commercial Property for sale in Chicago, IL

for $599,900. This 2,400 square foot building was built in 1920.

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). RARE OPPORTUNITY TO ACQUIRE THIS 2,400 SQUARE FEET DISTRIBUTION WAREHOUSE ZONED B3-2 WITH OFFICES IN THE DESIRABLE WEST TOWN AREA. THIS PROPERTY FEATURES 4 OFFICES (3 SPACIOUS OFFICES ON THE 1ST LEVEL & 1 LARGE OFFICE ON THE 2ND LEVEL), STORAGE, WAREHOUSE & 1 FULL & 2 HALF BATHROOMS. CURRENTLY LEASED. RECENT UPGRADES INCLUDE NEW FRONT DOOR IN 2020, NEW HVAC & A/C IN 2023, NEW WATER HEATER IN 2020, NEW GARAGE DOOR OPENER IN 2024, AND NEW RUBBER ROOF IN 2022. WHETHER YOU CHOOSE TO OCCUPY THE PROPERTY OR INVEST IN ITS FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. ENJOY CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90.

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Commercial Active

Price

$ 599,900

Property Type

Commercial

Taxes

$ 20,644

Style

Commercial

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12493073

Features
General
Cooling None
Utilities Electricity Available Natural Gas Available
Possession Closing
Roof Rubber
Construction Materials Brick
Year Built 1920
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township West Chicago
Tax Year 2023
Current Use Commercial
Gross Income 4250
County Cook
Net Operating Income 0
Operating Expense 21718
Property Type Commercial Sale Industrial
Possible Use Commercial
Status Active
Directions NORTH AVENUE EAST FROM KENNEDY EXPRESSWAY TO ADA TURN LEFT TO 1686
City Chicago
MLS Area CHI - West Town
Lot Size Square Feet 2621
Tax Annual Amount 20644.72
Additional Parcels Y/N N
Leasable Area 0
Lease Type Gross
Standard Status Active
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Interior
Flooring Tile
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 2400
Lot Dimensions 2621
Lot Size Acres 0
Frontage Type City Street
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* Excluded Features
List By
United Real Estate-Chicago

Broker

kkaminska06@gmail.com

Email

Affordability Calculator

$5,463
Per Month
69%
31%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$1,720
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$599,900 Listed Price

Map


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526 N Ashland Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $599,900 with 2,400 sqft. 526 N Ashland Avenue was built in 1920. The property's zip code is 60622 which is in Chicago, IL