2704 N Ashland AVE

Chicago,IL 60614

$ 995000

8 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12299391

Style Brownstone

Bedrooms 8

Annual Tax Amount $11,537

Tax Year 2023

Lot Dimensions 26X107

Property Sub-Type Two to Four Units

Property Description

Updated legal 3-unit brick building located in West Lincoln Park in the coveted Prescott School District. Favorable C1-2 zoning. Second floor is a 3 bedroom, 1 bathroom apartment currently rented for 2,600 until May 2025. This unit is perfect for an owner occupant and can be delivered vacant at closing. First floor is a 3 bedroom, 1 bathroom apartment currently rented for 1,775 until July 2025. Garden unit is a 2 bedroom, 1 bathroom apartment currently rented for 1,775 month-to-month. All rents are below market and could be raised by a new owner. Occupy one unit while paying down your mortgage with the rental income from the other two. Favorable 5 per cent downpayment loans available for owner occupants. An abundance of character and spacious floorplans are complimented by large windows and hardwood flooring throughout. Each unit has central air and heat with shared laundry in the basement. Enjoy a large private backyard deck, perfect for entertaining. Extra-deep parking spaces provide parking for 4 cars in 2 tandem spots. Walk to great restaurants, boutiques, gyms, grocers, theaters, DePaul, Diversey CTA brown line station, and everything else Lincoln Park has to offer. Only a short drive to Lakeview and Roscoe Village. Schedule a tour today!

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning MULTI

Rooms

Basement Finished,Daylight

Interior

Heating Natural Gas

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

Elementary Schools Prescott Elementary School

Middle Schools Prescott Elementary School

High Schools Lincoln Park High School

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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