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47-Unit Apartment Building
For Sale
Contact for pricing
Pending

33 S Ashland Ave, Chicago, IL 60607

New-construction apartments feature private balconies, chef-grade kitchens, and indoor heated parking.

Property SizeContact for details
Days on Market143

Property Features for 33 S Ashland Ave

General Information

Standard status Pending
Class Class A
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 47

Amenities

high ceilings
hardwood flooring
walk-in closets
chef-grade kitchens
private balconies
indoor heated parking

Building Details

Buildings 1
Listing Agency: GA Group
Listed By: Christopher Draper · License #IL 475.177063
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 8:43AM

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 GA Group

Investment Insights

Based on property information with market context.

Ashland Place is a 47-unit apartment community in Chicago’s West Loop. The new-construction building offers high ceilings, hardwood flooring, walk-in closets, chef-grade kitchens, private balconies, and indoor heated parking. These features support a contemporary residential offering with a range of upgraded in-unit and building amenities.

The property is a few blocks from Chicago’s Restaurant Row, 0.5 miles from Fulton Market, and less than 0.5 miles from Greek Town and the United Center. Access to I-90/94 and I-290, along with multiple public transit options, connects the building with downtown Chicago and surrounding suburbs.

Key Highlights

  • 47‑unit apartment community at 33 S Ashland Ave, Chicago, IL 60607
  • New‑construction building with high ceilings and hardwood flooring
  • Chef‑grade kitchens, walk‑in closets, and private balconies

Property Analytics

Current Use

Ashland Place Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Restaurant Bed & Breakfast Tanning Salon Veterinary Clinic

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

47
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,803
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - New-construction apartments feature private balconies, chef-grade kitchens, and indoor heated parking.
Where is this apartment building located?
The property is located at 33 S Ashland Ave Chicago, IL.
What are key features of this property?
This property features: 47‑unit apartment community at 33 S Ashland Ave, Chicago, IL 60607; New‑construction building with high ceilings and hardwood flooring; Chef‑grade kitchens, walk‑in closets, and private balconies
More about this property
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