11
See all 11 photos
$700,000
Est. payment /mo
5 Beds
3 Baths
Active
2662 N Ashland AVE Chicago, IL 60614
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12514364
Bedrooms 5
Year Built 1888
Annual Tax Amount $6,594
Tax Year 2023
Lot Dimensions 25X107
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Area Chi - Lincoln Park
Rooms
Basement Partially Finished, Partial
Interior
Heating Radiant
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Prescott Elementary School
High Schools Lincoln Park High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Hugo Araujo of Coldwell Banker Realty
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Elgin, IL
- Homes For Sale in StCharles, IL
- Homes For Sale in Geneva, IL
- Homes For Sale in Batavia, IL
- Homes For Sale in Hoffman Estates, IL
- Homes For Sale in Schaumburg, IL
- Homes For Sale in Palatine, IL
- Homes For Sale in Bartlett, IL
- Homes For Sale in Carol Stream, IL
- Homes For Sale in Gilberts, IL