530 Ashland, Chicago, Illinois, 60622


Listing Courtesy of United Real Estate-Chicago, Kaminska Katarzyna

Active
$649,900
Multi-family
4 bds
2 ba
12493057



EXPERIENCE A RARE & UNIQUE OPPORTUNITY TO ELEVATE YOUR INVESTMENT PORTFOLIO WITH THIS EXPANSIVE MASONRY & FRAME 2-FLAT BUILDING IN THE HIGHLY SOUGHT-AFTER WEST TOWN AREA. THE UNIQUE 6 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR WITH NEW GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT BOASTS A 2018 TRANSFORMATION: REMODELED KITCHEN & BATHROOM, REFINISHED HARDWOOD FLOORS, ABUNDANCE OF NATURAL LIGHT, 2 BEDROOMS & NEW DRYWALL & FRESH PAINT IN THE BACK PORCH. ALL NEW LIGHT FIXTURES IN & ALL NEW PLUMBING FIXTURES. 2ND APARTMENT SHOWCASES A 2022 RENOVATION: FRESHLY PAINTED THROUGHOUT, NEW WHITE SLEEK KITCHEN CABINETS, BACKSPLASH, APPLIANCES, COUNTER TOPS, & COOPER SINK. NEW BATHROOM TILES, BATHTUB, VANITY & TOILET. SKYLIGHTS WITH NEW FLASHING ALLOW FOR TONS OF SUNLIGHT, SANDED & REFINISHED HARDWOOD FLOORS, ALL NEW LIGHT FIXTURES & ALL NEW PLUMBING FIXTURES, ALL NEW ELECTRICAL OUTLETS & SWITCHES. 1ST LEVEL A/C & HVAC JUNE OF 2024. NEW 2ND UNIT CONDENSER IN 2024. 1ST FLOOR WATER HEATER APRIL, 2024 & 2ND FLOOR WATER HEATER JUNE, 2015. WITH NEW WASHERS & DRYERS IN BOTH UNITS, A FULLY REPLACED ROOF & RECENT HVAC UPGRADES, THIS PROPERTY IS POISED FOR LONG-TERM SUCCESS. NEW CENTRAL HEAT & ALL NEW ELECTRICAL OFFERS ADDITIONAL INCOME POTENTIAL. WHETHER YOU CHOOSE TO RESIDE IN ONE UNIT & RENT THE OTHER OR INVEST IN THE PROPERTIES FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME PLUS ADDITIONAL GARAGE RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90. 3 LOTS FOR SALE NEXT TO EACH OTHER 524 N. ASHLAND AVE/526 N. ASHLAND AVE (INDUSTRIAL COMMERICAL OFFICE/WAREHOUSE) & 530 N. ASHLAND AVE, ZONED B3-2. POSSIBILTY OF BUILDING A MULTIPLE APARTMENT BUILDING (RE-ZONING REQUIRED TO RM-5/BUYER RESPONSIBLE FOR VERYFING).

Property Details

Status Active
Price $649,900
Property Type Multi-family
Bedrooms 4 bds
Bathrooms 2 ba
Courtesy of United Real Estate-Chicago, Kaminska Katarzyna
Provided By MRED
Last checked on MRED 11/2/2025 9:00:06 PM
Tax Amount 11639
Tax Year 2023
Year built 1892

Address & Directions

Address 530 Ashland
City Chicago
State Illinois
County Cook
Postal Code 60622
Directions Grand Ave East to Ashland Ave North to Property

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General Information : None
Room Type : Screened Porch
Bedrooms (Below Grade) : 0
Heating : Natural Gas
Construction Materials: Aluminum Siding
6 Total Parking
Parking Features : Garage Door Opener
Water Source : Lake Michigan
Sewer Source : Public Sewer

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The results provided by this calculator are estimates intended for general informational purposes only and should not be considered financial advice. Sales prices are based on publicly available listing data. Down payments are estimated using a standard assumption of 20%, and interest rates are based on current market averages, which may vary. Actual loan terms, interest rates, and required down payments will depend on individual lender requirements and buyer qualifications. Please consult with a licensed mortgage or real estate professional for precise figures tailored to your financial situation. Information source from . Calculations are not made by the MLS.

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I agree to be contacted by the United Real Estate Chicago office for real estate services via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.