2662 N Ashland Avenue, Chicago, IL 60614

• 5 beds |
• 3 baths

Property Description

Investor Special. 5-bed multi-unit in Lincoln Park with redevelopment potential opportunity. This 2-unit property sits on a 25x107.5' lot with alley access, zoned C1-2 for flexible options: hold it as-is, renovate into a single-family, or build out commercial plus residential above. New development on the same block. Built in 1888, units offer a combined 5 bedrooms and 3 full baths. Half of the basement is finished and currently occupied, offering extra space or rental income potential. Units 1 and 2 are vacant and easy to show - bring your contractor or architect to walk it with you. There's a 2-car garage, a fenced backyard, and solid bones to reimagine the space. This Lincoln Park location puts you steps from Blue Ribbon Prescott Elementary, parks like Chi Che Wang, Wrightwood Park, and Jonquil, plus restaurants, shopping, and everything along Ashland, Lincoln, and Diversey. Walk to Left Coast, Heritage Bicycles, Costco, Whole Foods, and Southport Corridor. CTA bus lines, Brown/Red/Purple lines, and I-90/94 are all nearby. Zoned C1-2: use as mixed-use, convert to single-family, build condos with a special-use permit - do your due diligence.

Listing Status:

Active

Listing Office:

Coldwell Banker Realty : 773-550-4846

Listing Agent:

Hugo Araujo : 773-550-4846

MLS ID:

12514364

Interior

• Basement: Partially FinishedPartial
• Heating: Radiant

Exterior

• Parking: YesGarage OwnedDetachedGarageParking spaces: 2

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 14304050540000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Hugo Araujo, Coldwell Banker Realty