1050 North Ashland, Chicago IL 60622
- Units 4
- Total Beds 10
- Total Baths 7
- Taxes $5,935.40
- Payment Estimate View Mortgage Calculator
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Property Description
*Multiple OFFERS. All offers DUE 3/25 @ 3PM* Discover this PRIME INVESTMENT opportunity in the heart of WEST TOWN, one of Chicago's most sought-after and rapidly appreciating neighborhoods. This well-maintained, income-generating multi-unit building features three spacious apartments and a commercial storefront, offering endless potential for both investors and developers. Property Highlights: THREE LARGE Apartments: UNIT #1 offers TWO bedrooms, one bath, and ample storage. UNIT #2 offers THREE spacious bedrooms, TWO full baths, and a bonus room/FOURTH bedroom. Boasting over ~1,750 sq ft with a LARGE rear D/ECK. UNIT #3 offers FOUR bedrooms, one bath, and ~1,500 sq ft with a LARGE rear DECK. Units feature an open floor plan, ample natural light, CENTRAL A/C and IN-UNIT LAUNDRY, as well as, individual water heaters and meters. Finished basement features a non-conforming unit with TWO bedrooms & TWO full baths. The commercial storefront is a prime retail space, currently generating steady yearly rental income of $24k, making this property ideal for investors. Rear, secured, carport for TWO cars. This property has been thoughtfully cared for, with updates and upgrades that ensure long-term value. Tuckpointing, 2020. Roof maintenance, 2024. Situated just steps away from the Division Blue Line and convenient Ashland & Division bus routes, commuting is a breeze. Plus, the property offers close access to the 90/94 expressway, providing seamless connections to downtown Chicago and beyond. Explore the local scene with vibrant dining, shopping, and entertainment options right at your doorstep. With its prime location, income-generating potential of over ~$84k annually, and future development possibilities, this multi-unit building is a must-see for any serious investor or developer looking to capitalize on the booming West Town market. Don't miss out on this rare opportunity-schedule your viewing today! *Presented and sold AS-IS* *Multiple OFFERS. All offers DUE 3/25 @ 3PM*
Features & Information
Key Details
- List Price $949,999
- Property Taxes $5,935.40
- Price/ Sq. Ft. Unavailable
- Year Built 1910
- Parking Type Space/s
- Status Contingent
Rooms
- Total Rooms 20
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Central Air Conditioner
- Unit 2 Stove, Refrigerator, Central Air Conditioner
- Unit 3 Stove, Refrigerator, Central Air Conditioner
- Unit 4 Central Air Conditioner
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Turn North From Division Onto Ashland
-
Schools
- Elementary School District 299
- School Name Pritzker Elementary Schoo
- Junior High District 299
- School Name Pritzker Elementary Schoo
- High School District: 299
- School Name Wells Community Academy S
-
Property Taxes
- Tax 5935.40
- Tax Year 2023
- Tax Exemptions Homeowner,Senior,Senior F
- Parcel Identification Number 17064120270000
Utilities
- Sewer Sewer-Publ
Listed by Fernando Senisais for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/30/2025 8:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Explore East Village
East Village is a charming, charismatic west side neighborhood that seamlessly blends old brownstones with new buildings, and Eastern European residents with new inhabitants. Modern townhomes and condominium developments have been built next to 100-year-old, vintage walkups, encouraging a fresh generation of Chicagoans to move to the area and make this Old World neighborhood home. Foodies will find the East Village lacks nothing in the way of culinary supremacy and the nightlife is just as full with hip clubs, lovable dives and even a hookah bar. East Villlage shopping should not be overlooked — music, fashion, gift items and any offbeat accessory you could want are all right down the street from your front door.
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