Residential Income

1817 Ashland Avenue, Chicago, Illinois 60608

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Property Description

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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : MRD11883142
Price : $515,000
Bedrooms : 8
Bathrooms : 8
Year Built : 1892
Features
Basement : Full, Unfinished
Parking : 2
Address Map
Country : US
State : IL
County : Cook
City : Chicago
Zipcode : 60608
Street : Ashland
Street Number : 1817
Street Suffix : Avenue
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Area : CHI - Lower West Side
Street Dir Prefix : S
MLS Addon
Agent Name : Mike
Appliances : Humidifier
CommunityFeatures : Sidewalks, Street Lights, Street Paved
DaysOnMarket : 576
Directions : Roosevelt Rd. to Ashland Ave., go south of 18th St
Foundation : Concrete Perimeter
List Agent Full Name : Mike Santore
List Agent MLSID : MRD251460
List Office MLSID : MRD8340
List Office Name : Keller Williams Thrive
Parcel Number : 17203080080000
ParkingFeatures : Detached, Garage Door Opener, Garage, On Site, Garage Owned
Sewer : Public Sewer
Tax Year : $2,021
GarageSpaces : 2
ListAgentLastName : Santore
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 14/01/2024 06:06:03
Residential Income For Sale
  • Listing ID : MRD11883142
  • Bedrooms : 8
  • Bathrooms : 8
$515,000
Agent info
Contact Agent