Views
Address
527 N Ashland Avenue, Chicago, IL
Price
$ 1,400,000
Property Attributes
  • MLS#11676861
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • NeighborhoodNoble Square
  • Zip60622
  • Style
  • Year Built1879
  • Taxes$ 8814
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,153 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Stop and look this is a Great Investor opportunity to own a large mixed use property in a great location in West Town. Brick 2 story building with 2 pin numbers 525 N. Ashland and 527 N. Ashland. The 2 storefronts are rented and bring in total of $4,020 monthly income. The 2 residential apartments are vacant and each are 2 bedroom 2 bath units with washer/dryer set up in unit. Great location and great investment opportunity. Set your appointment to view the property today and seller here offers a financing option so have your broker inquirer. Property is close to everything Downtown, Expressways, CTA Blue Line, shops, dining, etc. This is a rare find and will be money maker for years to come. Must See!! Seller does not pay for closing expenses. Property sold "As Is"

Price History
11/21/2022 Listed $1,500,000
10/27/2023 7% - $1,400,000

General Features

Cooling Central Air
Possession Closing
Zoning OTHER
Construction Materials Brick
Year Built 1879
Electric Circuit Breakers
Tenant Pays Other
Stories 2
Township West Chicago
Property SubType Mixed Use
Tax Year 2020
Gross Income 98640
County Cook
Insurance Expense 2500
Property Type Commercial Sale
Status Active
Directions Ashland Ave between Chicago and Grand
City Chicago
Total Units 4
MLS Area CHI - West Town
Lot Size Square Feet 4153
Street Name Ashland
Tax Annual Amount 8814.36
Electric Expense 420
Trash Expense 1680
Water Sewer Expense 2160
Additional Parcels Y/N Yes
Days on Market 536
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 23X161.2
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60622

Price
AVG $590K
$1.4M
Taxes
AVG $21,130
$8,814
Visits
AVG 109
38
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1879

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