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527 N Ashland Avenue, Chicago, IL 60622
$1,400,000
527 N Ashland Avenue, Chicago, IL 60622View this property at 527 N Ashland Avenue, Chicago, IL 60622
527 N Ashland AvenueChicagoIL60622
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Property Description
Stop and look this is a Great Investor opportunity to own a large mixed use property in a great location in West Town. Brick 2 story building with 2 pin numbers 525 N. Ashland and 527 N. Ashland. The 2 storefronts are rented and bring in total of $4,020 monthly income. The 2 residential apartments are vacant and each are 2 bedroom 2 bath units with washer/dryer set up in unit. Great location and great investment opportunity. Set your appointment to view the property today and seller here offers a financing option so have your broker inquirer. Property is close to everything Downtown, Expressways, CTA Blue Line, shops, dining, etc. This is a rare find and will be money maker for years to come. Must See!! Seller does not pay for closing expenses. Property sold "As Is"
Full Property Details
Full Property Details for 527 N Ashland Ave
General
- Price: $1,400,000
- Taxes: $8,814 (2020)
- Status: Active
- Type: Commercial
- MLS ID: 11676861
- Updated: 5/8/2024
- Added to Site: 564 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Ashland Ave between Chicago and Grand
- Location Details: Chicago North, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 1680
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1879
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 4,153
- Lot Dimensions: 23 x 161.2
- Zoning: OTHER
Financial Considerations
- Lease Price: $23
- Insurance Fee: $2,500
- Other Fee: $100
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1879
- Tax Amount: $8,814.36
- Tax Year: 2020
- Pays Electric: 420
- Pays Trash: 1680
Disclosures and Reports
- Property ID: 17081210370000
Listed by Capital Investment Realty Group Inc
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Schools
Schools serving 527 N Ashland Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
525 N Armour St, Chicago, IL 60642 | PK-8 | 0.1 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 527 N Ashland Ave
Date
Details
Price
Change
Source
10/27/2023
Price Reduced
$1,400,000
-6.67%
MLS
11/20/2022
Listed
$1,500,000
328.57%
MLS
10/12/2005
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 527 N Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$13,395
2%
$65,126
—
2021
$13,096
157%
$65,126
185%
2020
$5,093
11%
$22,863
—
2019
$4,593
2%
$22,863
—
2018
$4,516
-26%
$22,863
-19%
2017
$6,090
7%
$28,289
—
2016
$5,666
9%
$28,289
—
2015
$5,184
-1%
$28,289
—
2014
$5,249
2%
$28,289
—
2013
$5,145
1%
$28,289
—
2012
$5,076
—
$28,289
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 527 N Ashland Ave
527 N Ashland Avenue, Chicago, IL 60622 (MLS# 11676861) is a Commercial property. 527 N Ashland Avenue is currently listed for $1,400,000 and was received on November 20, 2022. Want to learn more about 527 N Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.