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About the Listing 84644 - 180173
This is your opportunity to assume a loan with a rate of 2.25 on a fully amortizing loan. Prime Lincoln Park four-unit property consisting of a three-unit front building and a coach house in the rear. Current rents provide room for upside, or modernize the units to boost returns further. The unfinished attic has an approximately eleven foot peak height and may offer additional expansion potential, subject to feasibility. Buyers are encouraged to consult with an architect to explore the possibilities. Secure long-term financing well below current market rates while positioning yourself for appreciation and stronger future cash flow in one of Chicago's most desirable rental markets. There is no onsite parking due to the coach house in the rear, however the property benefits from very easy and readily available unzoned street parking throughout the surrounding neighborhood.
Listing Highlights for 2442 N Ashland Ave
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
12505170
Year Built
1914
Total Square Footage
0
Lot/Acreage
25X108
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 25X108
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $16,668
- Taxes w/Assessments: N/A
- Tax/Property ID: 14304100220000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
2442 N Ashland Ave Chicago, IL 60614
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