Iconic Corner Building in
For Sale
$995,000
4758 N Ashland Avenue, Chicago, IL 60640
Mixed-use building with retail and residential in vibrant location.
Property SizeContact for details
Days on Market477
Property Features for 4758 N Ashland Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$14,187
Building Details
Year Built
1924
Listing Agency:
CEDAR REALTY
(312) 967-4388
Listed By:
LORA VASILEVA · License #475179441
Source:
Corcoran
Added: May 9, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 CEDAR REALTY
Investment Insights
Based on property information with market context.
This iconic corner building, a true architectural gem with historic features and a meticulously maintained facade, is located in the East Ravenswood/Andersonville neighborhood. The mixed-use property experiences heavy pedestrian traffic, with approximately 31,000 cars per day on Ashland and 16,000 cars per day on Lawrence. Convenient access to public transit and ample street parking are available, and the building is surrounded by a variety of entertainment, restaurants, and shopping. The first floor features two 1200-square-foot stores, each with a half bathroom. An immaculate 2400-square-foot basement with high ceilings is also present. The 1607 W Lawrence store includes new mechanicals and improvements, such as 400-amp electric, a dedicated HVAC unit, a water heater, and sandblasted and sealed exposed brick with a historic interior stained-glass window feature. The upstairs unit is a large and unique 2-bedroom, 2-bathroom space spanning 2200 square feet. It was recently renovated while retaining vintage details such as real plaster/stucco ornaments around the five ceiling fans and beautiful crown molding. The unit features hardwood floors throughout, massive bedrooms with ample closet space, and an antique fireplace in the master bedroom. A huge kitchen with plenty of cabinets and counter space, a washer and dryer, and great flowing natural light are also included.
Key Highlights
- Iconic corner building in East Ravenswood/Andersonville, available for the first time in over 20 years.
- Mixed‑use property with two retail spaces and a large renovated 2‑bed/2‑bath apartment.
- High‑traffic location with excellent visibility and accessibility to public transit, parking, and amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with retail and residential in vibrant location.
Where is this mixed-use property located?
The property is located at 4758 N Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Iconic corner building in East Ravenswood/Andersonville, available for the first time in over 20 years.; Mixed‑use property with two retail spaces and a large renovated 2‑bed/2‑bath apartment.; High‑traffic location with excellent visibility and accessibility to public transit, parking, and amenities.
