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. Ask agent for copy of the preliminary plans for new construction 4 unit building on this lot. 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.

Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-06-01 08:50 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-01 08:50 AM UTC
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