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Mixed-Use Property with Flexible Layout
For Sale
$1,200,000

614 N Ashland Avenue, Chicago, IL 60622

Commercial and residential spaces share a corner parcel with kitchen, baths, basement storage, and garage access.

Property SizeContact for details
Days on Market61

Property Features for 614 N Ashland Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial
Zoning COMMR

Site & Location

Frontage 47 ft
Corner Location Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $14,725

Amenities

full kitchen
AV components
built-in ceiling speakers
wall-mounted TV
full bath
half bath
basement with laundry
storage
patio
garage

Building Details

Year Built 1885
Stories 2
Units 2
Listing Agency: Spot Real Estate
Listed By: Mark Miles · License #471007960
Source: Perillorealestategroup
Added: Jun 22 Changed: Aug 21 Last Checked: Aug 21 at 7:31AM

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 Spot Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines a full-width commercial floor with residential space above. The main level includes an expansive open area, sliding glass partitions, a full kitchen equipped with Viking appliances, a full bathroom, and a half bath. Built-in ceiling speakers and a wall-mounted TV are also installed. A basement beneath one building provides laundry, storage, and substantial ceiling height.

The upper level includes living and dining rooms with exposed brick, a second high-end kitchen, and a rear bedroom with an ensuite bath and private deck. The second floor has dedicated HVAC with separate furnace and A/C. Outdoor features include a landscaped, tree-covered patio and access to a 2-car garage from Ontario Street.

The property sits on a 47 x ~100 corner double lot at 614 N Ashland Avenue in Chicago. A one-story addition was completed in 2013, the existing two-story building roof was replaced in 2015, and the addition was engineered to support at least one additional floor.

Key Highlights

  • 47 x ~100 corner double lot at 614 N Ashland Avenue
  • Full‑width first‑floor commercial area with sliding glass partitions
  • Full kitchen with 6‑burner Viking range, double‑door refrigerator/freezer, dishwasher, double oven, and microwave

Property Analytics

Current Use

Laurie Proffitt Photography Photography Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Adult Day Care Pet Grooming Service Clothing & Fashion Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,105
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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential spaces share a corner parcel with kitchen, baths, basement storage, and garage access.
Where is this mixed-use property located?
The property is located at 614 N Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 47 x ~100 corner double lot at 614 N Ashland Avenue; Full‑width first‑floor commercial area with sliding glass partitions; Full kitchen with 6‑burner Viking range, double‑door refrigerator/freezer, dishwasher, double oven, and microwave
More about this property
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