Corcoran Urban Real Estate
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47 Properties Within 0.5 miles of: 1050 N Ashland, Chicago

1050 N Ashland
Chicago, IL 60622

  • 10 Beds
  • Built In 1910
Price

$1,050,000

Est Payment
$5,531 / month (details)  
Taxes
$5,935  
Beds
10  
Rooms
20  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25.1X111.5  
Built
1910  
Neighborhood
East Village  
MLS
#12316025
Status
Sold (5/8/2025)

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, 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, 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*

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Exterior Features
Balcony
Parking
2 Parking Spaces, Alley Access, Enclosed, Secured, On Site, Owned, Parking included in price
Schools
Wells Community Academy Senior H (299), Pritzker Elementary School (299), Pritzker Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-21-2025 Listed at $949,999
03-26-2025 Status changed to Under Contract
05-09-2025 Status changed to Closed
05-08-2025 Sold at $1,050,000
Last Modified 5/9/25 9:52 AM

Nearby Transportation

  • Bus 9 0.1 mi
  • Bus 70 0.1 mi
  • Bus 56 0.2 mi
  • Bus X9 0.2 mi
  • Bus 66 0.4 mi
  • Bus 50 0.5 mi
  • Bus 72 0.6 mi
  • Bus 65 0.7 mi
  • Bus 49 1.0 mi
  • Bus X49 1.0 mi
  • Bus 8 1.0 mi
  • Bus 73 1.0 mi
  • Union Pacific North 1.1 mi
  • Union Pacific Northwest 1.1 mi
  • Blue Line 0.2 mi
  • Green Line 1.1 mi
  • Pink Line 1.1 mi
  • Red Line 1.2 mi
  • ZipCar 0.1 mi
  • I 90 East 0.4 mi
  • I 94 East 0.4 mi
  • I 90 West 0.4 mi
  • I 94 West 0.4 mi
  • I 290 West 1.7 mi
  • I 290 East 1.8 mi
  • I 55 South 3.4 mi
  • I 55 North 3.4 mi
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