1817 South Ashland Avenue, Chicago, IL

$525,000

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8

Beds

8

Baths

About 1817 South Ashland Avenue

Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans...with large 2 bedroom, 2 bath in all 4 floor units....with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is...property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen...schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser...and general contractor will offer services to new buyer(s) if needed.

Features of 1817 South Ashland Avenue

MLS® # 11883142
Price $525,000
Bedrooms 8
Bathrooms 8.00
Acres 0.00
Year Built 1892
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1817 South Ashland Avenue
Area CHI - Lower West Side
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Parking Spaces 2
# of Garages 2
Garages Garage Door Opener(s)
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Exterior Features Deck, Patio, Porch
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 392
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Thrive

Listing Map

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