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Lizzie Kirchner

lizzie.kirchner@engelvoelkers.com +1(312) 593-8590

$ 670,000

Est. payment -/mo

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Price Dropped by $30K

2662 N Ashland AVE Chicago, IL 60614

5 Beds

3 Baths

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

Listed by Hugo Araujo of Coldwell Banker Realty

SCHOOLSPROPERTIES

Elementary Schools 20

10

Hawthorne Elementary Scholastic Academy

Public | KG - 8
10

Skinner North Elementary School

Public | KG - 6
10

Lincoln Elementary School

Public | KG - 8
9

Edison Elementary Regional Gifted Center

Public | KG - 8
9

Burley Elementary School

Public | KG - 8
9

Prescott Elementary School

Public | PK - 8
9

Disney Elementary Magnet School

Public | PK - 8
9

Alcott Elementary School

Public | KG - 8
8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
8

Mitchell Elementary School

Public | PK - 8
8

Lasalle II Lang Academy Elementary School

Public | PK - 8
8

Burr Elementary School

Public | PK - 8
8

Mayer Elementary School

Public | PK - 8
8

Greeley Elementary School

Public | PK - 8
8

Lasalle Elementary Language Academy

Public | KG - 8
7

Von Linne Elementary School

Public | KG - 8
7

Budlong Elementary School

Public | KG - 8
7

Pulaski International School of Chicago

Public | KG - 8
7

Chappell Elementary School

Public | PK - 8

Middle Schools 4

10

Lane Technical High School

Public | 7 - 12
7

Ogden Intermediate High School

Public | 6 - 12
4

Albany Park Multicultural Academy

Public | 7 - 8
3

Aspira Charter Schools

Public | 6 - 12

High Schools 20

10

Devry Advantage Academy High School

Public | 11 - 12
10

Payton College Preparatory High School

Public | 9 - 12
9

Westinghouse High School

Public | 9 - 12
9

Lincoln Park High School

Public | 9 - 12
7

Von Steuben Metro Science High School

Public | 9 - 12
5

Clemente Community Academy High School

Public | 9 - 12
5

Amundsen High School

Public | 9 - 12
5

Lake View High School

Public | 9 - 12
4

Wells Community Academy High School

Public | 9 - 12
4

Uplift Community High School

Public | 9 - 12
3

Alcott Humanities High School

Public | 9 - 12
1

Legal Preparatory Academy Charter High School

Public | 9 - 10
0

Pathways in Education Avondale High School

Public | 9 - 12
0

West Town Academy

Private | 10 - 12
0

Gordon Tech High School

Private | 9 - 12
0

Josephinum Academy

Private | 9 - 12
0

Thresholds High School

Private | 9 - 12
0

Holy Trinity High School

Private | 9 - 12
0

Prologue Early College High School

Public | 9 - 12
0

Prologue Early College

Private | 9 - 12

School and business data provided by Attom Data.

Lizzie Kirchner

Advisor | License ID: 475114659

+1(312) 593-8590

Lizzie Kirchner

2662 N Ashland AVE Chicago, IL 60614

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2662 N Ashland AVE