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1325 N Ashland Avenue Chicago, IL 60622

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For Sale
$660,000

Legal 3-flat with redevelopment potential in prime West Town.

Property size:
2,400 SF
Added:
Mar 21, 2026
Days on Market:
12
Last Refresh:
Mar 21 at 8:10 pm

Property Features for 1325 N Ashland Avenue

General Information

Standard status
Active
Size
2,400 SF

Building Details

Year Built
1931

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Listing Contact
MARIO FIERRO

Listing agent MARIO FIERRO

Listing office FIERRO LEGACY REALTY INC

Listing date Mar 21, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of FIERRO LEGACY REALTY INC


Overview

West Town Mixed-Use Opportunity

This legal 3-unit building in the West Town area of Chicago presents an investment opportunity with value-add potential. The property, zoned B2-3, offers approximately 2,400 sq ft above grade, with an additional 1,200 sq ft garden unit. Substantial initial work has been completed, including major demolition, a new roof, new gutters, new windows, and completed framing. The garden unit has increased ceiling height, offering the option to convert it to commercial or residential use. A detached 2.5-car garage provides rooftop deck potential. The property's layout allows for multiple design and income strategies and is open to build-to-suit concepts. Located near Division, Ashland, and Milwaukee, the property is in close proximity to the Blue Line, I-90/94, and multiple bus routes, making it accessible for both residential and commercial tenants.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6671654
Latitude
41.9058864

FAQs

What type of property is this?
Triplex - Legal 3-flat with redevelopment potential in prime West Town.
Where is this triplex located?
The property is located at 1325 N Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Prime West Town location near Division, Ashland, and Milwaukee, with excellent access to transportation.; Legal 3‑flat with B2‑3 zoning, offering flexible redevelopment and mixed‑use potential.; **Significant value‑add opportunity** with major demolition, new roof, gutters, windows, and framing already completed.
More about this property
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