848 N Ashland Ave Chicago, IL 60622
East Village NeighborhoodEstimated payment $4,355/month
Highlights
- Corner Lot
- Soaking Tub
- Heating System Uses Natural Gas
- Enclosed Patio or Porch
- European Shower
About This Home
Attention Investors Newly Remodeled 2-units building for sale in East Village - 848 N Ashland Avenue, Chicago in ADU Zoning | Looking for a versatile property in a prime location? Check out this amazing opportunity in East Village. | Welcome to 848 N Ashland Avenue - a two-unit property perfect for both living and business. The 1st & 2nd floor is leased, the 2nd floor features a spacious 3-bedroom apartment. There's also a basement and an attic, giving you plenty of room for storage or expansion. | This property now boasts a complete remodel with new kitchen cabinets, a new central air system, new appliances, new floors, a new bath, new windows, and more! The brick 4-car garage and backyard offer ample storage or extra parking. The brick construction adds a timeless touch. | The modernized residential space on the upper floors is perfect for today's market. | Don't miss out on this rare opportunity to own a highly desirable piece of real estate in East Village. Take advantage of this excellent investment opportunity at 848 N Ashland Avenue in ADU zoning where you can add additional units or conversion just ask listing broker for more details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,066
Year Built
- Built in 1904 | Remodeled in 2024
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25x125
- Corner Lot
Parking
- 4 Car Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
- Soaking Tub
- European Shower
- Separate Shower
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $76,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,359 | $42,002 | $21,001 | $21,001 |
| 2023 | $10,066 | $47,000 | $19,425 | $27,575 |
| 2022 | $10,066 | $47,000 | $19,425 | $27,575 |
| 2021 | $9,838 | $47,000 | $19,425 | $27,575 |
| 2020 | $9,040 | $38,700 | $9,435 | $29,265 |
| 2019 | $9,057 | $43,000 | $9,435 | $33,565 |
| 2018 | $8,920 | $43,000 | $9,435 | $33,565 |
| 2017 | $10,674 | $47,051 | $8,325 | $38,726 |
| 2016 | $9,937 | $47,051 | $8,325 | $38,726 |
| 2015 | $9,158 | $47,051 | $8,325 | $38,726 |
| 2014 | $6,655 | $33,679 | $6,937 | $26,742 |
| 2013 | $6,125 | $33,679 | $6,937 | $26,742 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $660,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $385,000 | None Listed On Document | |
| Trustee Deed | $397,500 | None Listed On Document | |
| Warranty Deed | $248,000 | Greater Illinois Title Compa |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $231,000 | Stand Alone First | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $198,400 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12450401
APN: 17-06-432-031-0000
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