2024 S Ashland Ave Chicago, IL 60608

This large corner brick three-unit mixed-use building is located at the lighted intersection of Ashland Avenue and 21st Street. The property includes a retail space that has remained consistently leased due to its visibility and high-traffic location. It also features a full basement and exterior signage with exposure at the stoplight, presenting the potential for additional advertising income. The two residential apartments above the retail storefront offer spacious layouts filled with natural light and large floor plans, providing rental income with the option to further maximize returns through updates and modern finishes. Residents can enjoy a generous outdoor deck and a two-car garage in the rear for extra income potential. The property benefits from exposure and consistent foot and vehicle traffic. The area is well-served by public transportation with access to the CTA Pink Line, major bus routes, and nearby expressways, offering connections to surrounding neighborhoods and downtown Chicago. Local amenities include restaurants, neighborhood shops, and everyday conveniences within walking distance. The corner of Chicago’s Lower West Side is experiencing revitalization, attracting new businesses and residents. Proximity to the Pilsen neighborhood means tenants are just minutes from galleries, cafes, parks, and cultural destinations. The property size is 5047 square feet.