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

614 N Ashland Avenue, Chicago, IL 60622

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market60

Property Features for 614 N Ashland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Ashland North or South to address. Corner of Ashland and Ontario
Subdivision CHI - West Town
Standard status Active
APN 17072150420000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14725

Utilities

Cooling system Central Air

Amenities

full kitchen
AV components
built-in ceiling speakers
patio
sliding glass panels

Building Details

Year built 1885
Floors in Building 2
Number of units 2
Roof type Membrane
Listing Agency: Spot Real Estate
Listed By: Mark Miles · License #471007960
Added: Jun 22 Changed: Aug 20 Last Checked: Aug 20 at 11:06AM
MLS# 12684155

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property is built on a corner double lot and features an expansive first-floor open commercial space spanning the full width. The main level includes a full kitchen with a 6-burner Viking range, oversized double-door refrigerator/freezer, dishwasher, double oven, and microwave, plus AV components with built-in ceiling speakers and a wall-mounted TV. A full bath with a shower and a separate half bath complete the first floor. A full basement runs under one of the buildings with laundry, generous storage, and impressive ceiling height. Outside, there is a quiet, tree-covered patio with landscaping and direct access to a 2-car garage.

Upstairs, the living areas include a living room and dining room with exposed brick, along with a chef’s kitchen featuring Viking appliances. The rear bedroom includes an ensuite bath and opens to a private deck. The second floor has its own dedicated HVAC system with a separate furnace and A/C.

Recent improvements include a new addition completed in 2013 and a roof replacement on the existing two-story building in 2015. The first floor has sliding glass panels to support flexible configuration. Zoned B3-2 (with active upzoning mentioned in the immediate area), the property is designed for adaptable uses under current zoning.

Key Highlights

  • 47 x ~100 corner double lot with zoning B3‑2 and active upzoning all around
  • 1885 building with central air and membrane roof
  • First‑floor commercial space spans the full 47‑ft width with flexible configuration via sliding glass panels

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

1
Office units
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 - Mixed-use building with an expansive first-floor open commercial area, full kitchen, patio, and a second-floor residence with dedicated HVAC.
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 with zoning B3‑2 and active upzoning all around; 1885 building with central air and membrane roof; First‑floor commercial space spans the full 47‑ft width with flexible configuration via sliding glass panels
More about this property
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