IL > Chicago
Chicago, IL 60657,3003 N Ashland AVE
Chicago, IL 60657,3003 N Ashland AVE
Chicago, IL 60657,3003 N Ashland AVE
Chicago, IL 60657,3003 N Ashland AVE
Chicago, IL 60657,3003 N Ashland AVE
Chicago, IL 60657,3003 N Ashland AVE
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Melissa Garcia

Melissa Garcia

+1(630) 878-9868
$ 889,000
Est. payment | /mo

7 Beds

5 Baths

Save
$ 889,000
Est. payment | /mo
Save

7 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12428126

Bedrooms 7

Annual Tax Amount $16,879

Tax Year 2023

Lot Dimensions 25 X 108

Property Sub-Type Two to Four Units

Property 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 and a fifth unit available-though the legality of the additional unit is not confirmed. Currently, the first-floor space is rented as a one-bedroom, one-bathroom residence, but it has the potential to be converted into office space. Buyers should perform their own due diligence regarding the permitted use of this space. The first-floor unit offers flexible use potential, providing an excellent opportunity to significantly increase rental income. 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.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Radiator(s), Space Heater

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Olya Ellis • Coldwell Banker Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 878-9868

melissagarcia@legacypropertiesil.com

217 Capitol Dr, Sugar Grove, IL, 60554, USA

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3003 N Ashland AVE