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    2532 N Ashland Avenue

    Chicago, IL 60614
    • $635,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 10930922
    UPDATED: 8 min ago
    $635,000
    • 7
      BEDS
    • 0.06
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Information

    Elementary School:
    School District:
    299

    Description

    Attention investors! This is your chance. Fantastic cap rate!! Redevelop or keep as income producing property. Fantastic location, fantastic cash flow. Fully rented. This one is a money maker! Prescott elementary and close to Wrightwood Park. Legal 2 unit with a third garden unit. Gross monthly rental income currently ~$4200. A new owner could rehab each unit as the leases expire and get a lot more in rent! Many updates throughout the years including efficient HVAC, bathroom and kitchen updates. High first floor unit has a wide open floorplan, open kitchen with island, tall ceilings, hardwood floors in living room and a rehabbed bathroom in 2017. Second floor duplex unit has a dramatic wall of windows, rehabbed eat in kitchen in 2017, hardwood floors in living room and interior spiral staircase. Basement apartment + additional storage, two exterior parking spaces and enclosed porch. Tons of new construction nearby!!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-16T07:52:09.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.thewexlergroup.com/homes/114158231
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    2532 N Ashland Avenue Chicago, IL 60614

    • Price: $635,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 10930922
    7
    Beds
    2
    Baths
    0
    ½ Baths
    0.06
    Acres
    1886
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Elementary School:
    Prescott Elementary School
    High School:
    Lincoln Park High School
    School District:
    299
    Property Description
    Attention investors! This is your chance. Fantastic cap rate!! Redevelop or keep as income producing property. Fantastic location, fantastic cash flow. Fully rented. This one is a money maker! Prescott elementary and close to Wrightwood Park. Legal 2 unit with a third garden unit. Gross monthly rental income currently ~$4200. A new owner could rehab each unit as the leases expire and get a lot more in rent! Many updates throughout the years including efficient HVAC, bathroom and kitchen updates. High first floor unit has a wide open floorplan, open kitchen with island, tall ceilings, hardwood floors in living room and a rehabbed bathroom in 2017. Second floor duplex unit has a dramatic wall of windows, rehabbed eat in kitchen in 2017, hardwood floors in living room and interior spiral staircase. Basement apartment + additional storage, two exterior parking spaces and enclosed porch. Tons of new construction nearby!!
    Exterior Features

    Exterior Building Type Frame Exterior Features PatioPorch Is Parking Includedin Price Yes Number Of Cars 2 Parking Space/S Parking Features Off Street Parking On Site Yes Parking Ownership Owned Parking Total 2 Unit1 Floor Level 1 Unit2 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorDishwasherMicrowaveWindow Air ConditionerGarage/SpaceLaundry Hook-UpCooktop Appliances Features Unit2 StoveRefrigeratorDishwasherMicrowaveWindow Air Conditioner Basement Full Basement Description Finished Bathrooms Total Integer 2 Bedrooms Below Grade 0 Bedrooms Possible 7 Full Baths In Building 2 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 4 Number Of Rooms Unit1 3 Number Of Rooms Unit2 5 Room Type Enclosed Porch Rooms Total 7

    Property Features

    Age Description 100+ Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 39240 Lease Exp Date Mo Yr Unit1 Mtm Lease Exp Date Mo Yr Unit2 08/21 Lot Size Less Than .25 Acre Lot Size Dimensions 25X108 New Construction YN No Other Expenses 1431 Property Sub Type 2 Flat1 Story Unit/S2 Story Unit/STear Down Rebuilt YN No Rehab Year 1991 Rehab YN Yes Security Deposit Unit1 1600 Security Deposit Unit2 2000 Sewer Septic-Mechanical Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 11241.66 Tax Year 2019 Tenant Pays Unit1 Electric Tenant Pays Unit2 ElectricGasHeat Unit1 Rent 1600 Unit2 Rent 1650 Water Sewer Expense 1800 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Redfin Corporation.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-16T07:52:09.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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