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$1,050,000
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Property Description
*Multiple OFFERS. All offers DUE 3/25 @ 3PM* Discover this PRIME INVESTMENT opportunity in the heart of WEST TOWN, one of Chicago's most sought-after and rapidly appreciating neighborhoods. This well-maintained, income-generating multi-unit building features three spacious apartments and a commercial storefront, offering endless potential for both investors and developers. Property Highlights: THREE LARGE Apartments: UNIT #1 offers TWO bedrooms, one bath, and ample storage. UNIT #2 offers THREE spacious bedrooms, TWO full baths, and a bonus room/FOURTH bedroom. Boasting over ~1,750 sq ft with a LARGE rear D/ECK. UNIT #3 offers FOUR bedrooms, one bath, and ~1,500 sq ft with a LARGE rear DECK. Units feature an open floor plan, ample natural light, CENTRAL A/C and IN-UNIT LAUNDRY, as well as, individual water heaters and meters. Finished basement features a non-conforming unit with TWO bedrooms & TWO full baths. The commercial storefront is a prime retail space, currently generating steady yearly rental income, making this property ideal for investors. Rear, secured, carport for TWO cars. This property has been thoughtfully cared for, with updates and upgrades that ensure long-term value. Tuckpointing, 2020. Roof maintenance, 2024. Situated just steps away from the Division Blue Line and convenient Ashland & Division bus routes, commuting is a breeze. Plus, the property offers close access to the 90/94 expressway, providing seamless connections to downtown Chicago and beyond. Explore the local scene with vibrant dining, shopping, and entertainment options right at your doorstep. With its prime location, income-generating potential, and future development possibilities, this multi-unit building is a must-see for any serious investor or developer looking to capitalize on the booming West Town market. Don't miss out on this rare opportunity-schedule your viewing today! *Presented and sold AS-IS* *Multiple OFFERS. All offers DUE 3/25 @ 3PM*
Full Property Details
Full Property Details for 1050 N Ashland Ave
General
- Sold For: $1,050,000
- Taxes: $5,935 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12316025
- Added to Site: 301 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 2
- Parking Features: Alley Access, Enclosed, Secured, On Site, Owned
- Parking On-Site: Yes
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Turn north from Division onto Ashland
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Pritzker Elementary School
- Middle School: Pritzker Elementary School
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Full
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25.1 x 111.5
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1910
- Tax Amount: $5,935.4
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17064120270000
Listed by @properties Christie's International Real Estate
Sold by You Properties LLC
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Schools
Schools serving 1050 N Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pritzker Elementary School 2009 West Schiller Street, Chicago, IL 60622 | K-8 | 0.7 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 N Ashland Ave
Date
Details
Price
Change
Source
5/08/2025
Sold
$1,050,000
10.53%
MLS
3/19/2025
Listed
$949,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1050 N Ashland Avenue, Chicago, IL 60622 (MLS# 12316025) is a Multi-Family property that was sold at $1,050,000 on May 08, 2025. Want to learn more about 1050 N Ashland Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

