ClosedPrice Reduced

$670,000

$700,000
2662 Ashland Avenue, Chicago, IL 60614
5 Beds3 Baths97 days
2662 Ashland Avenue·Chicago, IL 60614
5Bedrooms
3Bathrooms
1888Year Built
About This Home

Investor Special. 5-bed multi-unit in Lincoln Park with redevelopment potential opportunity. This 2-unit property sits on a 25x107.5' lot with alley access, zoned C1-2 for flexible options: hold it as-is, renovate into a single-family, or build out commercial plus residential above. New development on the same block. Built in 1888, units offer a combined 5 bedrooms and 3 full baths. Half of the basement is finished and currently occupied, offering extra space or rental income potential. Units 1 and 2 are vacant and easy to show - bring your contractor or architect to walk it with you. There's a 2-car garage, a fenced backyard, and solid bones to reimagine the space. This Lincoln Park location puts you steps from Blue Ribbon Prescott Elementary, parks like Chi Che Wang, Wrightwood Park, and Jonquil, plus restaurants, shopping, and everything along Ashland, Lincoln, and Diversey. Walk to Left Coast, Heritage Bicycles, Costco, Whole Foods, and Southport Corridor. CTA bus lines, Brown/Red/Purple lines, and I-90/94 are all nearby. Zoned C1-2: use as mixed-use, convert to single-family, build condos with a special-use permit - do your due diligence.

MLS# 12514364Listed November 12, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1888
Lot Size25X107

Location

CountyCook
TownshipLake View
Zip Code60614

Financial

List Price$670,000
Original Price$700,000
Annual Taxes (2023)$6,594
Monthly Tax Est.$550
Parcel #14304050540000
Interior Features

Heating

Radiant

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Schools
Elementary
Prescott Elementary School
District: 299
High School
Lincoln Park High School
District: 299
Tax & Financial
Annual Taxes
$6,594
Tax Year 2023
Monthly Tax Est.
$550
per month
Price Reduced by $30,000
Original list price: $700,000
Property Location

2662 Ashland Avenue, Chicago, IL 60614 — Cook County

$670,000
2662 Ashland Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
97 days on market
2-car garage
25X107
$6,594/yr taxes
Price reduced $30,000
$4,071
estimated monthly payment
Principal & Interest
$3,521/mo
Property Tax
$550/mo
$670,000
20% — $134,000
3%50%
6.875%
3%12%
Loan Amount
$536,000
Down Payment
$134,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Hugo Araujo
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