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

614 N Ashland Avenue, Chicago, IL 60622

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market107

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 Pending
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
full bath
half bath
basement with laundry
generous storage
tree-covered patio
2-car garage
private deck

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: Oct 1 Last Checked: Oct 6 at 7:06AM
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 combines an open commercial main level with residential space above. The first floor spans the 47-foot width and includes a full kitchen with Viking appliances, a full bathroom, a half bathroom, built-in ceiling speakers, a wall-mounted TV, and sliding glass partitions. A basement beneath one building provides laundry, storage, and additional ceiling height. The upper level includes living and dining areas, a second kitchen, a bedroom with ensuite bath, and access to a private deck. Separate HVAC equipment serves the second floor, while the property also has central air.

The corner double lot measures 47 x ~100 and contains 0.1079 acres. A tree-covered patio connects to a 2-car garage accessible from Ontario Street. The property is located in Chicago’s West Town neighborhood. A one-story addition was completed in 2013, and the existing two-story building received a roof replacement in 2015. The original structure dates to 1885, with a membrane roof.

Key Highlights

  • 47 x ~100 corner double lot containing 0.1079 acres
  • Open first‑floor commercial area spans the full 47‑foot width
  • 2‑car garage with access from Ontario Street

Property Analytics

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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 Carpet & Flooring 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Flexible commercial space occupies the main level, with residential living areas, private outdoor space, and a two-car garage.
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 containing 0.1079 acres; Open first‑floor commercial area spans the full 47‑foot width; 2‑car garage with access from Ontario Street
More about this property
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