848 North Ashland Avenue, Chicago, IL

$489,000

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3

Beds

2

Baths

About 848 North Ashland Avenue

This property is an exceptional opportunity for buyers looking to invest in a highly versatile and well-located piece of real estate in West Town. Comprised of two units, including a 1st floor retail space and a spacious 3-bedroom apartment on the 2nd floor, along with a basement and attic, this property offers a range of possibilities for both residential and commercial use. Additionally, this is potential for "Granny flats" with a brick 4-car garage and a backyard, there is ample space for additional storage or parking. The brick construction of the building lends to a timeless aesthetic, and the property has been priced for a quick sale. The previous retail tenant on the ground floor was a dentist, indicating that the space is highly adaptable for various types of businesses or services. The residential space on the upper floors could easily be modernized or updated to suit the preferences of new owners or tenants. This property is ideal for wise investors or owner-occupiers who are looking to take advantage of a rare opportunity to acquire a highly desirable piece of real estate in West Town. While the property may require some TLC or modernization, it is being sold "As-Is", providing buyers with the freedom to make changes and improvements as they see fit. Don't miss out on the chance to own this excellent investment property!

Features of 848 North Ashland Avenue

MLS® # 11883022
Price $489,000
Bedrooms 3
Bathrooms 2.00
Acres 0.00
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 848 North Ashland Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Parking Spaces 4
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Electric
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 208
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeArc Red Inc Arc Realty Group

Listing Map