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  • $644,000

    524 N Ashland Ave, Chicago, IL 60622

    4beds
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $661,300 Zestimate®
    $--/sqft
    $2,824 Estimated rent

    Home value

    $661,300

    $595,000 - $734,000

    $2,824/mo

    Zestimate® history
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    What's special

    New towel barsNew garage door openerNew mail boxesSpacious kitchenNew front windowsRecently painted front roomNew water heater
    EXCEPTIONAL & RARE INVESTMENT OPPORTUNITY TO ACQUIRE THIS SPACIOUS BRICK & FRAME 2-FLAT BUILDING IN THE COVETED WEST TOWN AREA. THE UNIQUE 5 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT FEATURES: RECENTLY PAINTED FRONT ROOM & NEW GLASS BLOCK WINDOW, 2 BEDROOMS, 1 BATHROOM, LIVING ROOM, DINING ROOM, KITCHEN & POLISHED HARDWOOD FLOORS. 2ND APARTMENT FEATURES: RECENTLY PAINTED WITH NEW FRONT WINDOWS, 2 BEDROOMS, 1 BATHROOM WITH NEW SINK, NEW FAUCET, NEW TOILET, NEW TOWEL BARS, NEW WHIRLPOOL TUB, SPACIOUS KITCHEN WITH NEW OVEN & FRIDGE, NEW FAUCET, REFINISHED HARDWOOD FLOORS & SKYLIGHTS WITH NEW FLASHING, NEW BACK DOOR & SLIDING GLASS DOOR. NEW FRONT DOORS FOR BOTH UNITS INSTALLED IN 2024, WITHIN THE LAST 5 YEARS ALL NEW LIGHT FIXTURES, NEW LED CAN LIGHTS, NEW PLUMBING FIXTURES, REFINISHED HARDWOOD FLOORS & EACH UNIT HAS ITS OWN WASHER & DRYER (2023). NEW WATER HEATER FOR 1ST FLOOR INSTALLED IN 2023, HVAC & A/C 2023. FULL TEAR OFF & BRAND-NEW ROOF, SIDING & 4 INCH GUTTERS, FRONT FACADE (OUTER BRICK & INNER CINDER BLOCKS IN JUNE OF 2024. NEW FRONT SIDE GATE & NEW MAIL BOXES INSTALLED IN SEPTEMBER OF 2024. UNIQUE & SPACIOUS 10 FOOT 5.5 CAR GARAGE WITH SERVICED CENTRAL HEAT & NEW GARAGE DOOR OPENER (2024). YOU CAN RESIDE IN ONE UNIT & RENT THE OTHER OR SIMPLY PURCHASE FULLY FOR INVESTMENT. RENTS IN THE AREA FOR 2 BEDROOM/1 BATHROOM APARTMENTS RANGE FROM $2,000 - $2,500 PLUS ADDITIONAL RENTAL INCOME FROM THE GARAGE $1,000 - $1,500 OR MORE. 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).

    Zillow last checked:

    Listing updated:

    Listed by:

    Katarzyna Kaminska 708-415-0408,

    United Real Estate-Chicago

    Bought with:

    Lauren Castillo

    O W Auction Group LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12493018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas
    Appliances
    • Included: Multiple Water Heaters
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Fencing: Fenced
    Lot
    • Size: 2,568 Square Feet
    Details
    • Additional structures: Garage(s)
    • Parcel number: 17072240230000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Intercom, Ceiling Fan(s), Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900
    Details
    • Builder model: 2-FLAT

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $510,000
    • Annual tax amount: $11,639
    • Date on market: 10/10/2025
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/23/2026Sold$644,000-0.9%
    Source: MRED as distributed by MLS GRID #12493018 Report a problem
    12/21/2025Contingent$649,900
    Source: MRED as distributed by MLS GRID #12493018 Report a problem
    10/10/2025Listed for sale$649,900-4.4%
    Source: MRED as distributed by MLS GRID #12493018 Report a problem
    10/10/2025Listing removed$679,900
    Source: MRED as distributed by MLS GRID #12471296 Report a problem
    9/13/2025Listed for sale$679,900-2.9%
    Source: MRED as distributed by MLS GRID #12471296 Report a problem
    9/13/2025Listing removed$699,900
    Source: MRED as distributed by MLS GRID #12415670 Report a problem
    9/10/2025Listing removed$1,100
    Source: MRED as distributed by MLS GRID #12466534 Report a problem
    9/8/2025Listed for rent$1,100
    Source: MRED as distributed by MLS GRID #12466534 Report a problem
    7/9/2025Price change$699,900-2.8%
    Source: MRED as distributed by MLS GRID #12415670 Report a problem
    6/12/2025Listed for sale$719,900
    Source: MRED as distributed by MLS GRID #12391570 Report a problem
    6/12/2025Listing removed$719,900
    Source: MRED as distributed by MLS GRID #12326639 Report a problem
    5/30/2025Price change$719,900-10%
    Source: MRED as distributed by MLS GRID #12326639 Report a problem
    4/10/2025Listed for sale$799,900+988.3%
    Source: MRED as distributed by MLS GRID #12326639 Report a problem
    1/8/1997Sold$73,500+0.3%
    Source: Public Record Report a problem
    8/13/1996Sold$73,250
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,277 -11.7%$51,000 -7.3%
    2023$11,639 +2.9%$55,000
    2022$11,313 +2.3%$55,000
    2021$11,060 +2%$55,000 +13%
    2020$10,844 -1.3%$48,677 -11%
    2019$10,989 +1.7%$54,694
    2018$10,804 +28.6%$54,694 +40.1%
    2017$8,403 +7.5%$39,036
    2016$7,818 +9.3%$39,036
    2015$7,153 +7.9%$39,036 +9.3%
    2014$6,627 +2%$35,715
    2013$6,496 +1.4%$35,715
    2012$6,409 -0.9%$35,715 -10.5%
    2011$6,468 -0.4%$39,916
    2010$6,495 +4.4%$39,916
    2009$6,224 +112%$39,916 +95.1%
    2008$2,935 +1%$20,463
    2007$2,906 -1.1%$20,463
    2006$2,938 -12.1%$20,463
    2005$3,344 -0.7%$20,463 -1.7%
    2004$3,368 +70.7%$20,823 +66.9%
    2003$1,974 $12,473
    Find assessor info on the county website

    Neighborhood: West Town

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $661,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $661,300