Mixed-Use Building with Open Commercial
New
For Sale
$1,200,000
Pending
614 N Ashland Avenue, Chicago, IL 60622
Ground-floor commercial space sits beneath residential living areas, with a two-car garage and landscaped patio.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market3
Property Features for 614 N Ashland Avenue
General Information
Standard status
Pending
Total Parking Spaces
2
Lot size
0.11 Acres
Property subtype
Mixed Use
Zoning
COMMR
Site & Location
Neighborhood
West Town
Frontage
47 ft
Corner Location
Yes
Mixed-Use Components
commercial, residential
Taxes and HOA fees
Annual Taxes
$14,725
Amenities
City Street
(888) 317-3656
47x100
Building Details
Year Built
1885
Stories
2
Abandoned
No
Listing Agency:
Spot Real Estate
(708) 787-2808
Listed By:
Tania Leanos
Source:
Kawashgroup
Added: Oct 30
Last Checked: Oct 30 at 1:56AM
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
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Investment Insights
Based on property information with market context.
This mixed-use property pairs an open commercial area across the full 47-foot width of the building with residential rooms above. The first floor includes a full kitchen equipped with a six-burner Viking range, double-door refrigerator/freezer, dishwasher, double oven, and microwave, plus a full bath and a separate half bath. Sliding glass panels allow the commercial space to be divided into sections. A basement beneath one building contains laundry and storage. The upper level has living and dining rooms, a bedroom with an ensuite bath, and a private deck. It also has a dedicated HVAC system with a separate furnace and air conditioning. A two-car garage is accessed from Ontario Street, alongside a landscaped patio.
The new addition was completed in 2013, and the roof on the existing two-story building was replaced in 2015. The one-story addition was engineered with steel to support at least one additional floor; buyers should confirm this. The property is identified as having been built in 1885.
The new addition was completed in 2013, and the roof on the existing two-story building was replaced in 2015. The one-story addition was engineered with steel to support at least one additional floor; buyers should confirm this. The property is identified as having been built in 1885.
Key Highlights
- Open commercial area spans the building’s 47‑foot width, with sliding glass panels for division
- Residential upper level includes living and dining rooms, an ensuite bedroom, and private deck
- Full kitchen includes a six‑burner Viking range, double‑door refrigerator/freezer, dishwasher, double oven, and microwave
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,105
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 36%
Electronics 3%
McDonald's
Dining
38,181 visits/mo
0.5 miles
Shell
Shops & Services
7,577 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,249 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
5,596 visits/mo
0.1 miles
SUBWAY
Dining
3,941 visits/mo
0.5 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space sits beneath residential living areas, with a two-car garage and landscaped patio.
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: Open commercial area spans the building’s 47‑foot width, with sliding glass panels for division; Residential upper level includes living and dining rooms, an ensuite bedroom, and private deck; Full kitchen includes a six‑burner Viking range, double‑door refrigerator/freezer, dishwasher, double oven, and microwave
