Waterfront
Address
1817 S Ashland Avenue, Chicago, IL
Price
$ 529,000
Property Attributes
  • MLS#11883142
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lower West Side
  • NeighborhoodLower West Side
  • Zip60608
  • Style
  • Year Built1892
  • Taxes$ 158
  • Price$ 529,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5204
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans...with large 2 bedroom, 2 bath in all 4 floor units....with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is...property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen...schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser...and general contractor will offer services to new buyer(s) if needed.

Price History
9/15/2023 Listed $569,000
1/14/2024 2% - $559,000
4/4/2024 6% - $529,000

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing
Exterior Features Deck,Patio,Porch
Garage Spaces 2
Year Built 1892
Township West Chicago
Tax Year 2021
Percent Ownership Fee Simple
Community Features Sidewalks,Street Lights,Street Paved
County Cook
New Construction No
Property Type Residential Income
Other Structures Garage(s)
Total Rooms 20
Status Active
Directions Roosevelt Rd. to Ashland Ave.,go south of 18th St. on the east side of Ashland Ave.
City Chicago
High School District 299
MLS Area CHI - Lower West Side
Waterfront Y/N No
Street Name Ashland
Tax Annual Amount 158.52
Additional Parcels Y/N No
Days on Market 211
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Avenue
Total Bedrooms 8
Total Baths 8
Bedrooms Possible 8
Basement Unfinished
Bathrooom Separate Shower,Double Sink,No Tub
Full Baths Building 8
Total Number of Units 4

Exterior Features

Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 24 X 125
Other Equipment Humidifier,Security System,Intercom,Ceiling Fan(s),Sump Pump,Multiple Water Heaters,Security Cameras,Water Heater-Gas
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
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 Multi-Family Average in 60608

Price
AVG $750K
$530K
Taxes
AVG $9,279
$158
Visits
AVG 137
137
Data Provided by Inside Real Estate®
Year Built
AVG 1900
1892

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