Corcoran Urban Real Estate
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Any Beds
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30 Properties Within 0.5 miles of: 524 N Ashland, Chicago

524 N Ashland
Chicago, IL 60622

  • 4 Beds
  • Built In 1900
Price

$649,900

Est Payment
$4,415 / month (details)  
Taxes
$11,639  
Beds
4  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
2568  
Built
1900  
Neighborhood
East Village  
MLS
#12493018
Status
Active (48 days)

Property Description

Exceptional & Rare Investment Opportunity To Acquire This Spacious Brick & Frame 2-flat Building In The Coveted West Town Area. The Unique 5 Car 12 Feet Garage With 10 Foot Garage Door Has Infinite Possibilities For Running A Highly Successful Business. 1st Apartment Features: Recently Painted Front Room & New Glass Block Window, 2 Bedrooms, 1 Bathroom, Living Room, Dining Room, Kitchen & Polished Hardwood Floors. 2nd Apartment Features: Recently Painted With New Front Windows, 2 Bedrooms, 1 Bathroom With New Sink, New Faucet, New Toilet, New Towel Bars, New Whirlpool Tub, Spacious Kitchen With New Oven & Fridge, New Faucet, Refinished Hardwood Floors & Skylights With New Flashing, New Back Door & Sliding Glass Door. New Front Doors For Both Units Installed In 2024, Within The Last 5 Years All New Light Fixtures, New Led Can Lights, New Plumbing Fixtures, Refinished Hardwood Floors & Each Unit Has Its Own Washer & Dryer (2023). New Water Heater For 1st Floor Installed In 2023, Hvac & A/C 2023. Full Tear Off & Brand-new Roof, Siding & 4 Inch Gutters, Front Facade (outer Brick & Inner Cinder Blocks In June Of 2024. New Front Side Gate & New Mail Boxes Installed In September Of 2024. Unique & Spacious 10 Foot 5.5 Car Garage With Serviced Central Heat & New Garage Door Opener (2024). You Can Reside In One Unit & Rent The Other Or Simply Purchase Fully For Investment. Rents In The Area For 2 Bedroom/1 Bathroom Apartments Range From $2, 000 - $2, 500 Plus Additional Rental Income From The Garage $1, 000 - $1, 500 Or More. Close Proximity To Grocery Stores (marianos), Coffee Shops, Entertainment, Dining, Metra & I90. 3 Lots For Sale Next To Each Other 524 N. Ashland Ave/526 N. Ashland Ave (industrial Commerical Office/Warehouse) & 530 N. Ashland Ave, Zoned B3-2. Possibilty Of Building A Multiple Apartment Building (re-zoning Required To Rm-5/Buyer Responsible For Veryfing).

Property Map

Property Details

Utilities

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

Additional Information

Parking
5 Garage Spaces, Garage Door Opener, Garage, Yes, Garage Owned, Detached, Parking included in price
Schools
District 299

Payment Calculator

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

Listing History

10-10-2025 Listed at $649,900
Last Modified 11/11/25 12:22 PM

Nearby Transportation

  • Bus 9 < 0.1 mi
  • Bus X9 < 0.1 mi
  • Bus 65 0.1 mi
  • Bus 66 0.3 mi
  • Bus 50 0.5 mi
  • Bus 56 0.6 mi
  • Bus 20 0.7 mi
  • Bus 70 0.8 mi
  • Bus X49 1.0 mi
  • Bus 49 1.0 mi
  • Bus 126 1.0 mi
  • Bus 8 1.0 mi
  • Bus 7 1.2 mi
  • Milwaukee North 1.1 mi
  • Milwaukee West 1.1 mi
  • North Central Service 1.1 mi
  • Green Line 0.5 mi
  • Pink Line 0.5 mi
  • Blue Line 0.7 mi
  • ZipCar 0.2 mi
  • I 90 West 0.6 mi
  • I 94 West 0.6 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 290 West 1.1 mi
  • I 290 East 1.1 mi
  • I 55 South 2.8 mi
  • I 55 North 2.8 mi
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