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Corner Mixed-Use Property
For Sale
$1,200,000

614 N Ashland Avenue, Chicago, IL 60622

Two-level building combines flexible commercial space, residential living, a basement, patio, deck, and detached garage access.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market31

Property Features for 614 N Ashland Avenue

General Information

Standard status Active
Total Parking Spaces 2
Lot size 0.11 Acres
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
patio
exposed brick

Building Details

Year Built 1885
Buildings 2
Stories 2
Units 2
Listing Agency: Spot Real Estate
Listed By: Mark Miles · License #471007960
Source: Jjillrealtygroup
Added: Jul 31 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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 occupies a 47 x approximately 100-foot corner double lot and combines commercial and residential components. The main level provides an open layout spanning the full 47-foot width, a full kitchen with Viking appliances, a full bathroom, a half bathroom, built-in ceiling speakers, and a wall-mounted TV. Sliding glass panels allow the first-floor configuration to be adjusted. A basement beneath one building includes laundry, storage, and substantial ceiling height.

The upper level includes living and dining areas, a second kitchen with Viking appliances, and a rear bedroom with an ensuite bathroom and private deck. Separate HVAC equipment serves this floor. Exterior features include a landscaped, tree-covered patio and access to a 2-car garage from Ontario Street. A one-story addition completed in 2013 was engineered with steel to support at least one additional floor, while the roof on the existing two-story building was replaced in 2015. The property is located at 614 N Ashland Avenue in Chicago’s West Town neighborhood.

Key Highlights

  • 47 x approximately 100‑foot corner double lot
  • Open commercial level spans the full 47‑foot width
  • Two‑level layout with commercial space below and residential living above

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 - Two-level building combines flexible commercial space, residential living, a basement, patio, deck, and detached 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 approximately 100‑foot corner double lot; Open commercial level spans the full 47‑foot width; Two‑level layout with commercial space below and residential living above
More about this property
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