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    West Town Mixed-Use Investment Opportunity Title is generated by Realmo AI

    1532 N Ashland Avenue, Chicago, IL 60622

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    Claim this Listing
    Pending
    $599,900

    COMMERCIAL - Chicago, IL

    Lot size:
    0.04 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    149
    Last Refresh:
    Jun 10 at 11:06 pm

    Property Features for 1532 N Ashland Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MULTI
    Standard status
    Pending
    APN
    17062060390000
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    979

    Utilities

    Utilities
    Cable Available
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1932
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Wood, Varies
    Building materials
    Brick, Concrete

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    Listing Contact
    Magdalane Marcol

    Listing agent Magdalane Marcol License #475175021

    Listing office eXp Realty 939 W. North Ave., Chicago, IL

    Listing date Jan 12, 2026

    MLS# 12545731

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime West Town/Wicker Park location near Hyatt Place and Kennedy RoofTop.
    • Four‑unit building (3 residential, 1 commercial) with flexible B32 zoning.
    • Expansive patio/rooftop and 2‑car attached garage.
    • Excellent transportation access: bus service, Blue Line (Division & Damen), and Clybourn Metra.
    • Opportunity to increase revenue by raising rents to market value.
    • Full unfinished basement provides additional potential.

    Overview

    This four-unit property is located in the West Town/Wicker Park area, across from the Hyatt Place and Kennedy RoofTop. The all-brick building features flexible B32 Zoning and includes three residential apartments, each with one bedroom and one bathroom. There is also a commercial storefront with an open floor plan and a full unfinished basement. Additional features include an expansive patio/rooftop and a two-car attached garage. The location offers ample shopping, nightlife, parks, and recreation. Public transportation options include regular bus service, walking distance to the Division and Damen Blue Line, and walking distance to the Clybourn Metra. The property is family-occupied, with rents below market value, presenting an opportunity for a new owner to maximize revenue through stabilization and strategic improvements. The 0.0419-acre lot presents opportunities such as a boutique cafe. There is a Lis Pendens from the City of Chicago Case#20231401774, and the seller has an estimate of approximately $68K for masonry work with permits applied for. Scaffolding is already in place, and permits and violations will transfer with the sale. The property is sold AS IS WHERE IS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Connies Cleaners (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6680093
    Latitude
    41.9097547

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    FAQs

    What type of property is this?
    Mixed-use property - Four-unit property in a prime location with flexible zoning.
    Where is this mixed-use property located?
    The property is located at 1532 N Ashland Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Prime West Town/Wicker Park location near Hyatt Place and Kennedy RoofTop.; Four‑unit building (3 residential, 1 commercial) with flexible B32 zoning.; Expansive patio/rooftop and 2‑car attached garage.
    (888) 574-9405
    We can help!
    Listing Contact
    Magdalane Marcol
    Real Estate License ID: 475175021
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