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2442 N Ashland Avenue, 
Chicago, IL 60614

$1,300,000


8

Beds


5

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Steven Rapoport

Chicago Real Estate Resources

Last updated:

November 6, 2025, 11:57 AM

MLS#

12505170

Source:

MLSNI

About This Home

2442 N Ashland Avenue

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.

Home Facts

Multi-Family

5 Baths

8 Bedrooms

Built in 1914

Price Summary

1,300,000

MLS #:

12505170

Last Updated:

November 6, 2025, 11:57 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5


Structure

Structure

Year Built:

1914


Finances & Disclosures

Finances

Price:

$1,300,000

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