2532 North Ashland Avenue, CHICAGO

$635,000

5 Beds
2 Baths
0 Sqft
.06 Acres
0 Garages

Attention investors! This is your chance. Fantastic cap rate!! Redevelop or keep as income producing property. Fantastic location, fantastic cash flow. This one is a money maker. Prescott elementary and close to Wrightwood Park. Legal 2 unit consists of a duplex up, main level unit and finished basement. Gross monthly rental income $4470. A new owner could rehab each unit as the leases expire and get a lot more in rent! First floor unit has wide open floorplan, tall ceilings, hardwood floors in living room and a rehabbed bathroom in 2017. Second floor duplex unit has dramatic wall of windows, rehabbed kitchen in 2017, hardwood floors in living room and interior spiral staircase. Two exterior parking spaces and enclosed porch. Unit 1 is now vacant and 2nd floor unit has long terms tenants. Tons of new construction nearby!! Also listed for land sale, potential tear down.

Essential Information
MLS® #10276424
Price$635,000
Bedrooms5
Bathrooms2.00
Full Baths2
Acres0.06
Year Built1886
TypeResidential
Sub-TypeTwo to Four Units
StatusActive
Community Information
Address2532 North Ashland Avenue
AreaCHI - Lincoln Park
CityCHICAGO
CountyCook
StateIL
Zip Code60614
Amenities
Parking Spaces2
ParkingOff Street
Amenities

Park/Playground, Curbs/Gutters, Sidewalks, Street Lights, Street Paved

Interior
HeatingGas, Forced Air
Has BasementYes
BasementFinished
Exterior
ExteriorFrame
Exterior FeaturesPorch
School Information
ElementaryPRESCOTT ELEMENTARY SCHOOL
HighLINCOLN PARK HIGH SCHOOL
Additional Information
ZoningMULTI
Listing Details
OfficeRedfin Corporation
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $640,000 to $635,000
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $650,000 to $640,000
Status Changed from Price Change to Active
Show All History (7)
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Listing information last updated on August 22nd, 2019 at 5:36pm CDT.