IL
Cook
Chicago
60657
3003 N Ashland Avenue
3003 N Ashland Avenue, Chicago, IL 60657
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Listing Type
Multi Family
Listing Status
active
32
$889,000

Home Details for 3003 N Ashland Avenue

Price
$889,000
Type
Residential Income
Bedrooms
7
Bathrooms
5.0
Square feet
NaN
County
Cook
Total rooms
19
Garage
Basement
Finished, Full, Walk-Out Access
Days on site
50
MLS Listing#
12428126
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.

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
    • Space Heater
  • Basement
    • Finished
    • Full
    • Walk-Out Access
Listing Courtesy: Coldwell Banker Realty - 847-724-5800
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:38:30. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-03 20:38:30
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EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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