Investment Opportunity in Prime Lakeview Location - 3-Bedroom Single Family Home with B2-3 Zoning. Welcome to 3726 N Ashland Avenue, a rare opportunity to own a well-maintained single family home in the heart of Chicago's desirable Lakeview neighborhood and highly rated Blaine School District. Whether you're looking for your next construction project or a long-term investment, this property offers incredible upside. Situated on a B2-3 zoned lot, this home allows for the development of up to four residential condos-mirroring the new construction next door at 3728 N Ashland. Currently rented through February 2026 at $3, 800/month, this home generates immediate income while you plan your future build or simply hold as a rental asset. Inside, the home features hardwood flooring throughout the main level, a white kitchen with stone flooring, granite countertops, and stainless steel appliances. Major systems-including plumbing, electrical, and mechanicals-were updated in 2017, offering peace of mind and long-term value. The spacious second-floor primary suite includes a shared Jack & Jill bathroom with the second bedroom. A third bedroom is located on the main level, ideal for guests or a home office. The lower level includes a cozy family room, full laundry area, and mechanicals. Step outside to enjoy a large backyard with a composite deck, perfect for relaxing or entertaining, and a detached 1-car garage with ample storage space. Zoned for Blaine Elementary and surrounded by all the dining, shopping, and transit options that make Lakeview one of Chicago's most desirable neighborhoods-this property is a true gem for both investors and developers.
