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).
