1501 Ashland Avenue , Evanston, IL 60201(Cook County)

0.17 Acres in Evanston, IL - $480,000

Situated in the sought-after Dewey neighborhood, this property boasts a prime location just a few blocks from the desirable Dewey school. It is within easy walking distance to Penny Park, CTA and Metra trains, and Downtown Evanston with all its offerings. A true goldmine for investors, the spacious lot (7,481 sqft) features a house with solid foundations and a full walk-out basement rebuilt in 1950 and ready for finishing. The property presents opportunities for renovation and expansion, with the option to add a second floor. Alternatively, explore the potential for a complete rebuild or development. The property also includes a beautiful detached 2.5-car garage and two extra parking spaces. Residents in the area truly appreciate the remarkable location and all it has to offer. With limitless potential for expansion and upgrades, this is an investment opportunity you won't want to miss.