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530 N Ashland Avenue, Chicago, IL 60622

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For Sale
Sale Pending

$649,900

4 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

EXPERIENCE A RARE & UNIQUE OPPORTUNITY TO ELEVATE YOUR INVESTMENT PORTFOLIO WITH THIS EXPANSIVE MASONRY & FRAME 2-FLAT BUILDING IN THE HIGHLY SOUGHT-AFTER WEST TOWN AREA. THE UNIQUE 6 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR WITH NEW GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT BOASTS A 2018 TRANSFORMATION: REMODELED KITCHEN & BATHROOM, REFINISHED HARDWOOD FLOORS, ABUNDANCE OF NATURAL LIGHT, 2 BEDROOMS & NEW DRYWALL & FRESH PAINT IN THE BACK PORCH. ALL NEW LIGHT FIXTURES IN & ALL NEW PLUMBING FIXTURES. 2ND APARTMENT SHOWCASES A 2022 RENOVATION: FRESHLY PAINTED THROUGHOUT, NEW WHITE SLEEK KITCHEN CABINETS, BACKSPLASH, APPLIANCES, COUNTER TOPS, & COOPER SINK. NEW BATHROOM TILES, BATHTUB, VANITY & TOILET. SKYLIGHTS WITH NEW FLASHING ALLOW FOR TONS OF SUNLIGHT, SANDED & REFINISHED HARDWOOD FLOORS, ALL NEW LIGHT FIXTURES & ALL NEW PLUMBING FIXTURES, ALL NEW ELECTRICAL OUTLETS & SWITCHES. 1ST LEVEL A/C & HVAC JUNE OF 2024. NEW 2ND UNIT CONDENSER IN 2024. 1ST FLOOR WATER HEATER APRIL, 2024 & 2ND FLOOR WATER HEATER JUNE, 2015. WITH NEW WASHERS & DRYERS IN BOTH UNITS, A FULLY REPLACED ROOF & RECENT HVAC UPGRADES, THIS PROPERTY IS POISED FOR LONG-TERM SUCCESS. NEW CENTRAL HEAT & ALL NEW ELECTRICAL OFFERS ADDITIONAL INCOME POTENTIAL. WHETHER YOU CHOOSE TO RESIDE IN ONE UNIT & RENT THE OTHER OR INVEST IN THE PROPERTIES FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME PLUS ADDITIONAL GARAGE RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. 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).
MLS# 12493057

Courtesy Of United Real Estate-Chicago

(630) 748-4660

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Asphalt

Map and Directions

Directions to 530 N Ashland Avenue, Chicago, IL 60622

Home seller CENTURY 21 S.G.R.

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CENTURY 21 S.G.R.

(312) 326-2121
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.