FOR SALE
Local Information
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Description
This property is an exceptional opportunity for buyers looking to invest in a highly versatile and well-located piece of real estate in West Town. Comprised of two units, including a 1st floor retail space and a spacious 3-bedroom apartment on the 2nd floor, along with a basement and attic, this property offers a range of possibilities for both residential and commercial use. Additionally, this is potential for "Granny flats" with a brick 4-car garage and a backyard, there is ample space for additional storage or parking. The brick construction of the building lends to a timeless aesthetic, and the property has been priced for a quick sale. The previous retail tenant on the ground floor was a dentist, indicating that the space is highly adaptable for various types of businesses or services. The residential space on the upper floors could easily be modernized or updated to suit the preferences of new owners or tenants. This property is ideal for wise investors or owner-occupiers who are looking to take advantage of a rare opportunity to acquire a highly desirable piece of real estate in West Town. While the property may require some TLC or modernization, it is being sold "As-Is", providing buyers with the freedom to make changes and improvements as they see fit. Don't miss out on the chance to own this excellent investment property!
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
70 days ago
Home Details for 848 N Ashland Ave
Active Status |
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MLS Status: Active |
Interior Features |
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Interior Details Basement: FullNumber of Rooms: 11 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Heating & Cooling Heating: Natural Gas,ElectricHas HeatingHeating Fuel: Natural Gas |
Exterior Features |
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Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageNo Attached GarageParking Spaces: 4Parking: Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 70 |
Property Information |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 17064320310000 |
Price & Status |
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Price List Price: $489,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
Location |
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Direction & Address City: Chicago |
School Information Elementary School District: 299Jr High / Middle School District: 299High School District: 299 |
Agent Information |
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Listing Agent Listing ID: 11883022 |
Lot Information |
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Lot Area: 2775 sqft |
Listing Info |
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Special Conditions: List Broker Must Accompany |
Compensation |
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Buyer Agency Commission: 2.5% ON NET-$425Buyer Agency Commission Type: See Remarks: |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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BasementMls Number: 11883022 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 13 hours ago
Listing courtesy of: Andrzej Olszowka, (773) 447-4767
Arc Red Inc Arc Realty Group
Source: MRED as distributed by MLS GRID, MLS#11883022
Price History for 848 N Ashland Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 01/27/2024 | $489,000 | PriceChange | MRED as distributed by MLS GRID #11883022 |
| 10/31/2023 | $499,997 | PriceChange | MRED as distributed by MLS GRID #11883022 |
| 10/04/2023 | $523,499 | Listed For Sale | MRED as distributed by MLS GRID #11883022 |
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Comparable Sales for 848 N Ashland Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $900,000 | 10/19/23 | 3 | 4 | - | |
0.04 | Multi-Family Home | $720,000 | 04/16/24 | 6 | 3 | - | |
0.37 | Multi-Family Home | $410,000 | 09/15/23 | 3 | 3 | - | |
0.20 | Multi-Family Home | $690,000 | 06/15/23 | 5 | 3 | - | |
0.41 | Multi-Family Home | $500,000 | 09/15/23 | 4 | 2 | - | |
0.39 | Multi-Family Home | $650,000 | 07/12/23 | 5 | 2 | - | |
0.32 | Multi-Family Home | $485,000 | 07/13/23 | 5 | 4 | - | |
0.48 | Multi-Family Home | $620,000 | 08/17/23 | 4 | 3 | - | |
0.30 | Multi-Family Home | $525,000 | 09/18/23 | 4 | 2 | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East Ukrainian Village
- Trulia User
- Resident
- 3y ago
"Do division festival is always a great Time. The vendors are locals around the neighborhood and is so much fun! "
- Kerryfarioli
- Resident
- 3y ago
"West Fest! Many block parties and farmers markets. Lots of restaurants and other resources. Wicker park fest. Do Division. Renegade art festival. Humboldt Park is not far and has awesome tennis courts!"
- Kerryfarioli
- Resident
- 3y ago
"Very easy. I can be downtown in 20 minutes by bus and train. 20 on bike. 15 in car. To get downtown you can take Chicago Ave bus to a blue line. "
- Thebrit65
- Resident
- 4y ago
"Whilst dogs are welcome there are simply too many dogs and not enough exercise or potty areas. Because of this there is a problem with mess on the walkways."
- E.G.
- Resident
- 4y ago
"Lots of dogs! Friendly owners too! Great neighborhood for walks and meeting other dog owners. Sometimes picking up after dogs is neglected."
- Mike T
- Resident
- 4y ago
"There are a few dog parks in the area. The neighborhood is great for walks, neighbors are friendly and neighbors get to know you and your dog"
- Shannonleahbuckley
- Resident
- 5y ago
"Not many dog friendly parks. Neighborhood areas are not dog friendly - prefer south loop so much more than Ukrainian Village...dog friendliness is one reason looking forward to leaving UV."
- Justin F.
- Resident
- 5y ago
"This area is great. You’d really enjoy this area if you’re looking for a nice, safe area to call home. "
- Megan K.
- 9y ago
"On the boarder of Wicker Park, Ukranian Village and West loop, there is a variety of everything from shopping, bars/restaurants, boutiques, cafes and music venues. The easy access to downtown and all public transit (Metra-multiple lines, Blue line, and Damen/Ashland/Chicago/Division bus routes) make this a truly perfect location to live! "
- Milena P.
- 10y ago
"Great, family friendly neighborhood very close to downtown. Great access to public transportation. Lots of restaurants and shopping within walking distance. "
- Milena P.
- 11y ago
"Loved the area. It's family friendly (lots of young couples with small children), dog friendly....and close to shops and restaurants. Also very near bus and "L' for those that need to commute to the loop."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Andrzej Olszowka, Arc Red Inc Arc Realty Group
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
848 N Ashland Ave, Chicago, IL 60622 is a 3 bedroom, 2 bathroom multi-family. 848 N Ashland Ave is located in East Ukrainian Village, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Feb 19, 2024. The MLS # for this home is MLS# 11883022.