Chicago, IL 60622 1048 N Ashland Avenue

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Presented By: CR Realty Partners
  • MLS# 12003019
  • 03/29/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 5,700

Home Details

1048 N Ashland - a mixed-use value-add opportunity in the Wicker Park / East Village neighborhood. The property unit mix is - (5) apartments and (1) storefront: (2) 3bed/1baths, (2) 1bed/1baths, (1) 2bed/2bath duplex unit featuring radiant heat and a brick 2-car garage. The glass storefront has high timber exposed ceilings and brick details. All the apartments feature renovated kitchens and bathrooms, individual HVAC, and high ceilings. Located on a corner with soaring windows, the building has east, south, and west exposure creating a light-drenched interior with views of the Chicago skyline - especially from the rooftop. Constructed in 1896, the building boasts attractive brick and stone accents, along with a turret adorned with copper details on its southern side. During the early 2000s, the building underwent a complete gut rehabilitation, preserving its timeless charm while updating all electrical, plumbing, and mechanical systems to modern standards, utilizing copper materials and proper conduit throughout. All units are individually metered. Please call the listing broker with any questions.
Presented By: CR Realty Partners

Interior Features for 1048 N Ashland Avenue

Other Interior Features

FlooringWood

General for 1048 N Ashland Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Days on Market81
DirectionsStart on I-90/I-94 heading towards Chicago. Take exit 50B for Division St. Keep right at the fork, follow signs for Division St W and merge onto W Division St. Continue straight on W Division St fo
ElectricService - 201 to 600 Amps
Electric Expense850
Fuel Expense1200
Gross Income171300
Insurance Expense4200
Lease TypeN/A
Lot Size Square Feet2775
MLS AreaCHI - West Town
NumberOfUnitsTotal6
Operating Expense43918
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount24405.3
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense6000
Water Sewer Expense1200
Year Built1896
ZoningCOMMR

Exterior for 1048 N Ashland Avenue

Building Area Total5700
ExteriorBrick
Foundation DetailsOther
Frontage TypeCity Street
Lot Dimensions25X111

Additional Details

Price History

Worth Clark

Price $1,525,000
MLS#12003019
List Date 03/29/2024
Property Type Commercial
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