3003 N Ashland AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60657
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12428126
Bedrooms 7
Annual Tax Amount $16,879
Tax Year 2023
Lot Dimensions 25 X 108
Property Sub-Type Two to Four Units
Property Description
Located in the vibrant and highly desirable Lakeview neighborhood of Chicago, this property presents a unique opportunity for both investors and owner-occupiers. It is a 3-flat with a coach house. Currently, the first-floor space is rented as a one-bedroom, one-bathroom residence, Buyers should perform their own due diligence regarding the permitted use of this space. Long-term tenants are in place, and there is potential to raise rents with some updates and TLC. The building is being sold as-is, with some repairs and renovations needed. Situated in a walkable neighborhood, the property is close to parks, recreational areas, and iconic attractions like Wrigley Field. It is also conveniently located near major grocery stores, including Whole Foods and Jewel, within walking distance. The area is surrounded by boutique shops, popular restaurants, and vibrant nightlife, with excellent public transportation options nearby, including CTA trains and buses. With its versatile layout and prime location, this property offers substantial investment and development potential, making it an ideal choice for those looking to capitalize on the thriving Lakeview market.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Finished,Full,Walk-Out Access
Interior
Heating Natural Gas,Radiator(s),Space Heater
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None