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Commercial Land with Existing Improvements
For Sale
Contact for pricing
Pending

2718 N Ashland Ave, Chicago, IL 60614

C1-2 zoning supports apartment use on floors above the ground level.

Property SizeContact for details
Days on Market146

Property Features for 2718 N Ashland Ave

General Information

Standard status Pending
Property subtype Land
Listing Agency: Villager Realty
Listed By: Brian McKiernan · License #475.138787
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Sep 4 at 10:30AM

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 Villager Realty

Investment Insights

Based on property information with market context.

This commercial land offering consists of two parcels at 2718 N Ashland Ave in Chicago. The combined site measures 52 x 107.50 feet, totaling 5,590 square feet, with each lot measuring 26 feet wide by 107.50 feet deep. Existing improvements include a two-flat on one parcel and a garage on the other.

The property is zoned C1-2, and apartment use is permitted on levels above the ground floor. A survey is available for review. The property is being sold in its existing condition.

Key Highlights

  • Two‑lot commercial land offering at 2718 N Ashland Ave, Chicago, IL 60614
  • Combined lot dimensions of 52 x 107.50 feet, totaling 5,590 square feet
  • Each parcel measures 26 feet wide by 107.50 feet deep

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Food Market Grocery & Convenience Store Catering Service HVAC Service (Bike/Boat/Book/etc) Store Butcher

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

Location Intelligence

Trade Area within ½ mile

3,630
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
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?
Commercial land - C1-2 zoning supports apartment use on floors above the ground level.
Where is this commercial land located?
The property is located at 2718 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Two‑lot commercial land offering at 2718 N Ashland Ave, Chicago, IL 60614; Combined lot dimensions of 52 x 107.50 feet, totaling 5,590 square feet; Each parcel measures 26 feet wide by 107.50 feet deep
More about this property
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