photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
3003 Ashland Avenue
Chicago, IL 60657
$889,000.00 listing calculator
7 Beds /5 Baths

Listing Description


Located in the vibrant and highly desirable Lakeview neighborhood of Chicago, this property presents a unique opportunity for both investors and owner-occupiers. It is a 3-flat with a coach house. Currently, the first-floor space is rented as a one-bedroom, one-bathroom residence, Buyers should perform their own due diligence regarding the permitted use of this space. Long-term tenants are in place, and there is potential to raise rents with some updates and TLC. The building is being sold as-is, with some repairs and renovations needed. Situated in a walkable neighborhood, the property is close to parks, recreational areas, and iconic attractions like Wrigley Field. It is also conveniently located near major grocery stores, including Whole Foods and Jewel, within walking distance. The area is surrounded by boutique shops, popular restaurants, and vibrant nightlife, with excellent public transportation options nearby, including CTA trains and buses. With its versatile layout and prime location, this property offers substantial investment and development potential, making it an ideal choice for those looking to capitalize on the thriving Lakeview market.