Mixed-Use Building with
For Sale
Contact for pricing
6617 S Ashland Avenue, Chicago, IL 60636
Two-story mixed-use building with 10 residential units and 4 commercial units, fully demo’d with a new roof.
Property SizeContact for details
Days on Market51
Property Features for 6617 S Ashland Avenue
General Information
Standard status
Active
Property subtype
Commercial
Zoning
COMMR
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$33,893
Amenities
gated courtyard
Building Details
Year Built
1914
Stories
2
Units
14
Tenancy
Multi
Listing Agency:
Compass
(773) 482-1917
Listed By:
Tim Lorimer · License #475175866
(773) 482-1917
Source:
Perillorealestategroup
Added: Jun 23
Changed: Aug 7
Last Checked: Aug 12 at 12:35PM
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 Compass
Investment Insights
Based on property information with market context.
This mixed-use building offers a total of 14 units across ten residential apartments and four commercial spaces. The property is configured as a two-story structure with a gated courtyard design for residents. The residential component includes four 1-bedroom units and six 2-bedroom units, each with 1 bathroom.
The commercial units are positioned for access to Ashland Ave, with open layouts and flexible potential for a range of small business uses. The property has been fully demo’d, a new full tear-off roof has been installed, and most masonry work is completed. The building is framed out and ready for MEP, and plans have been approved with the city with permits imminent.
Residential utilities noted in the remarks are intended for PVC residential plumbing, and the overall rehab work appears to be at an advanced pre-MEP stage based on the current status provided.
The commercial units are positioned for access to Ashland Ave, with open layouts and flexible potential for a range of small business uses. The property has been fully demo’d, a new full tear-off roof has been installed, and most masonry work is completed. The building is framed out and ready for MEP, and plans have been approved with the city with permits imminent.
Residential utilities noted in the remarks are intended for PVC residential plumbing, and the overall rehab work appears to be at an advanced pre-MEP stage based on the current status provided.
Key Highlights
- Two‑story mixed‑use building (built 1914) with 10 residential units and 4 commercial units
- Residential unit mix: four 1‑bedroom and six 2‑bedroom units, each with 1 bathroom
- Commercial spaces: 4 open, airy units with access to Ashland Ave
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 60636, IL
34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story mixed-use building with 10 residential units and 4 commercial units, fully demo’d with a new roof.
Where is this apartment building located?
The property is located at 6617 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two‑story mixed‑use building (built 1914) with 10 residential units and 4 commercial units; Residential unit mix: four 1‑bedroom and six 2‑bedroom units, each with 1 bathroom; Commercial spaces: 4 open, airy units with access to Ashland Ave
