Skip To Content

1532 N Ashland Avenue

Chicago, IL 60622
  • $599,900
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • MLS #: 12545731
Under Contract
UPDATED: 51 min ago
$599,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1932
County:
Area:

School Ratings & Info

Description

MULTIPLE OFFERS RECEIVED-Highest and Best by Monday (2/2) at 1PM. LOCATION, LOCATION, LOCATION! 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. 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.

Monthly Payment Calculator



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-15T05:07:22.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.luxhomechicago.com/homes/172090840
Print Image

1532 N Ashland Avenue Chicago, IL 60622

  • Price: $599,900
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 51 min ago
  • MLS #: 12545731
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1932
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
MULTIPLE OFFERS RECEIVED-Highest and Best by Monday (2/2) at 1PM. LOCATION, LOCATION, LOCATION! 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. 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.
Exterior Features

Docks None Foundation Details Concrete PerimeterPillar/Post/Pier Frontage Type City StreetPublic Road Outdoor Parking 1-5 Spaces Roof Structure Flat Water Drainage Storm Sewers

Interior Features

Cooling Window Unit(s) Flooring VariesVinylWoodOther Heat Ventilation GasHot WaterRadiators Miscellaneous Inside Multi-TenantPrivate Restroom/sSkylight/sBasement Number Of Ranges 3

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 2844 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Electric Circuit BreakersSeparate MetersOther Fire Protection Carbon Monoxide Detector(s) Geographic Locale Downtown ChicagoChicago North Gross Income 59400 Gross Scheduled Income 59400 Insurance Expense 5000 Location CornerMixed Use AreaPublic Transport AvailIn City LimitsHigh Traffic Area Mls Actual Status Contingent Net Operating Income 52421 Number Of Tenants 4 Operating Expense 6979 Ownership Types Land Trust Possible Use CommercialMulti-FamilyRetail Property Sub Type Mixed Use Rental Price 0 Seller Needs Out of Management Sewer Storm Sewer Tax Annual Amount 979.25 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 4950 Type Mixed Use Utilities Electric to SiteNatural Gas AvailableWater AvailableCable Available Water Source Municipal Water Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty: 888-574-9405.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-15T05:07:22.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611