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Mixed-Use Building with Retail Space
For Sale
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1454 N Ashland Ave, Chicago, IL 60622

Two-story building with a front retail space and three residential units plus an unfinished basement and attic.

Property SizeContact for details
Days on Market132

Property Features for 1454 N Ashland Ave

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 2

Building Details

Stories 2
Tenancy Multi
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Steven Rapoport, CCIM · License #IL 471006648
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 6:58AM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

Two-story mixed-use building currently configured as three units. The first floor features a 450-sf retail space to the front and a rear 2-bedroom, 1-bathroom unit. The top floor includes three bedrooms plus an office and one full bathroom, along with a second partially finished bathroom.

The property includes a full unfinished basement with a bathroom and an attic with up to 7.5-foot ceilings, providing additional space for future completion. The seller and listing broker do not represent the number of conforming dwelling units.

The building is being sold as-is and is operational, with an opportunity to complete renovations to support higher rental performance.

Key Highlights

  • Two‑story mixed‑use building in Chicago’s Wicker Park neighborhood with front retail plus three residential units
  • First floor includes 450‑SF retail space and a rear 2‑bedroom, 1‑bath unit
  • Top floor features 3 bedrooms + office and 1 full bath plus a second partially finished bathroom

Property Analytics

Current Use

Marlen Dental Care Dental Office

Suggested Use

Top Pick Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,538
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two-story building with a front retail space and three residential units plus an unfinished basement and attic.
Where is this triplex located?
The property is located at 1454 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Two‑story mixed‑use building in Chicago’s Wicker Park neighborhood with front retail plus three residential units; First floor includes 450‑SF retail space and a rear 2‑bedroom, 1‑bath unit; Top floor features 3 bedrooms + office and 1 full bath plus a second partially finished bathroom
(847) 863-2707 Call to check price and availability
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