IL
Cook
Chicago
60614
2442 N Ashland Avenue
2442 N Ashland Avenue, Chicago, IL 60614
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Listing Type
Multi Family
Listing Status
Active
17
$1,250,000

Home Details for 2442 N Ashland Avenue

Price
$1,250,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1914
County
Cook
Total rooms
20
Garage
Basement
Unfinished, Full
Days on site
0
MLS Listing#
12505170
Property Description

Call for offers by 5:00 PM 12/12. This is your opportunity to assume a loan with a rate of 2.25 on a fully amortizing loan. Prime Lincoln Park four-unit property consisting of a three-unit front building and a coach house in the rear. Current rents provide room for upside, or modernize the units to boost returns further. The unfinished attic has an approximately eleven foot peak height and may offer additional expansion potential, subject to feasibility. Buyers are encouraged to consult with an architect to explore the possibilities. Secure long-term financing well below current market rates while positioning yourself for appreciation and stronger future cash flow in one of Chicago's most desirable rental markets. There is no onsite parking due to the coach house in the rear, however the property benefits from very easy and readily available unzoned street parking throughout the surrounding neighborhood.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Basement
    • Unfinished
    • Full
Listing Courtesy: Chicago Real Estate Resources - 773-327-9300
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-12-09 00:30:55. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-12-09 00:30:55
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EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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