Call for offers by 5:00 PM 12/12. This is your opportunity to assume a loan with a rate of 2.25 on a fully amortizing loan. Prime Lincoln Park four-unit property consisting of a three-unit front building and a coach house in the rear. Current rents provide room for upside, or modernize the units to boost returns further. The unfinished attic has an approximately eleven foot peak height and may offer additional expansion potential, subject to feasibility. Buyers are encouraged to consult with an architect to explore the possibilities. Secure long-term financing well below current market rates while positioning yourself for appreciation and stronger future cash flow in one of Chicago's most desirable rental markets. There is no onsite parking due to the coach house in the rear, however the property benefits from very easy and readily available unzoned street parking throughout the surrounding neighborhood.

Property Details

PRICE
$1,250,000
BEDROOMS
8
BATHROOMS
5
SQFT
N/A
YEAR BUILT
1914
PARKING SPOTS
N/A
MLS #
12505170
FULL ADDRESS
2442 2442 Ashland Avenue
CITY
Chicago, IL
ZIP
60614

Listing Details

Listing Office
Chicago Real Estate Resources
Listing Agent
Steven Rapoport
Contact
773-327-9300
Last Data Update
2025-12-25T10:58:41Z

Interior

BATHROOMS
5 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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