1532 N Ashland Avenue Chicago, IL $ 599,900
1532 N Ashland Avenue
$ 599,900
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1532 N Ashland Avenue

Chicago, IL, 60622
$ 599,900
Bedrooms-- Baths-- Sq 2,844
1532 N Ashland Avenue, Chicago, IL 60622 - Image 1
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Property for Rent in Chicago, IL

for $599,900. This 2,844 square foot property was built in 1932 on a lot size of 0.041919.

HOT West Town/ Wicker Park 4 UNIT under $1M??? Prime corner location accross from Hyatt Place and the in demand Kennedy RoofTop! Beautiful 4 UNIT with flexible B32 Zoning, with an expansive patio/rooftop, all brick property with 3 residential apartments - 1/1 each, 1 commercial storefront with an open floor plan and a full unfinished basement, 2 car attached garage. Location with ample shopping, nightlife, parks and recreation in the area, public transporation: regurlar bus service, walking distance to both the Division and Damen Blue Line, walkng distance to the Clybourn Metra; a commuter's dream. This is a 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 improvements! Boutique cafe? So much opportunity. No Seller financing. "As Is" appraisal on hand at $625K! 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.

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Rental Active

Price

$ 599,900

Taxes

$ 979

Style

Lot Size

0.041919

Year Built

1932

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12545731

Features
General
Sewer Storm Sewer
Cooling Window Unit(s)
Utilities Electric to Site Natural Gas Available Water Available Cable Available
Possession Closing Negotiable Tenant's Rights
Zoning MULTI
Construction Materials Brick Concrete
Year Built 1932
Electric Circuit Breakers Separate Meters Other
Tenant Pays Electricity Heat
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Gross Income 45960
County Cook
Net Operating Income 38981
Operating Expense 6979
Insurance Expense 5000
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family Retail
Status New
Directions 1 block south of North Ave on Ashland to 1532 N Ashland. Building is on the south west corner of Pierce and Ashland.
City Chicago
Number Of Units Total 4
MLS Area CHI - West Town
Lot Size Square Feet 1826
Tax Annual Amount 979.25
Electric Expense 250
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 500
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
Cap Rate 5.38
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Interior
Flooring Varies Vinyl Wood Other
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter Pillar/Post/Pier
Building Area Total 2844
Lot Dimensions 22 X 83
Frontage Type City Street Public Road
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* Excluded Features
List By
Exp Realty

Broker

magdalane.marcol@exprealty.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$599,900 Listed Price

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1532 N Ashland Avenue, Chicago, IL, 60622 is a Property for Rent at $599,900 with 2,844 sqft and a lot size of 0.041919. 1532 N Ashland Avenue was built in 1932. The property's zip code is 60622 which is in Chicago, IL