Chicago, IL 60622,1048 N Ashland AVE
Chicago, IL 60622,1048 N Ashland AVE
Chicago, IL 60622,1048 N Ashland AVE
Chicago, IL 60622,1048 N Ashland AVE
Chicago, IL 60622,1048 N Ashland AVE
Chicago, IL 60622,1048 N Ashland AVE
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$1,425,000

$1,525,000

6.6%
Est.Price: ?

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Est. payment /mo

5,700 SqFt


SOLD DATE : 09/05/2024

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,700 sqft

Price per Sqft $250

MLS Listing ID 12003019

Sold Date 09/05/24

Year Built 1896

Annual Tax Amount $24,405

Tax Year 2022

Lot Dimensions 25X111

Property Description

1048 N Ashland - a mixed-use value-add opportunity in the Wicker Park / East Village neighborhood. The property unit mix is - (5) apartments and (1) storefront: (2) 3bed/1baths, (2) 1bed/1baths, (1) 2bed/2bath duplex unit featuring radiant heat and a brick 2-car garage. The glass storefront has high timber exposed ceilings and brick details. All the apartments feature renovated kitchens and bathrooms, individual HVAC, and high ceilings. Located on a corner with soaring windows, the building has east, south, and west exposure creating a light-drenched interior with views of the Chicago skyline - especially from the rooftop. Constructed in 1896, the building boasts attractive brick and stone accents, along with a turret adorned with copper details on its southern side. During the early 2000s, the building underwent a complete gut rehabilitation, preserving its timeless charm while updating all electrical, plumbing, and mechanical systems to modern standards, utilizing copper materials and proper conduit throughout. All units are individually metered. Please call the listing broker with any questions.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Central Air

Flooring Wood

Fireplace N

Building

Level or Stories 3

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by David Geary • CR Realty Partners
Bought with Yuval Degani • Dream Town Real Estate
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1700 W Higgins Rd STE 240, Plaines, IL, 60018

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