$525,000
1817 S Ashland Avenue Chicago, IL 60608
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$525,000
Est. payment /mo
8 BD
Price Dropped by $4K
1817 S Ashland Avenue Chicago, IL 60608
UPDATED:
10/06/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11883142
Bedrooms 8
Year Built 1892
Annual Tax Amount $158
Tax Year 2021
Lot Dimensions 24 X 125
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.
Location
State IL
County Cook
Community Sidewalks, Street Lights, Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Deck, Patio, Porch
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mike Santore • Keller Williams Thrive
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