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Mixed-Use Building with Courtyard
For Sale
$450,000

6617 S Ashland Avenue, Chicago, IL 60636

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market65

Property Features for 6617 S Ashland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions West on Marquette Rd to Ashland. North to property.
Subdivision CHI - West Englewood
Standard status Active
APN 20201160050000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 33893

Amenities

gated courtyard

Building Details

Year built 1914
Floors in Building 2
Number of units 14
Listing Agency: Compass
Listed By: Tim Lorimer · License #475175866
Added: Jun 23 Changed: Aug 20 Last Checked: Aug 26 at 7:06AM
MLS# 12685865

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 two-story mixed-use building in Chicago includes 10 residential units and four commercial units. The residential component comprises four one-bedroom apartments and six two-bedroom apartments, each with one bathroom. The commercial spaces offer open layouts and direct access to Ashland Avenue. A gated courtyard serves as a central feature of the property, while large windows bring natural light into the residential units.

The property sits on 0.26 acres at 6617 S Ashland Avenue and is zoned COMMR. Built in 1914, the building has undergone substantial preparation for completion, including full interior demolition, installation of a new full tear-off roof, completed masonry work, and framing for remaining MEP work. City-approved plans are in place, with permits imminent according to the property information.

Key Highlights

  • 10 residential units: four 1‑bedroom and six 2‑bedroom units, each with 1 bathroom
  • Four commercial units with open layouts and access to Ashland Avenue
  • Gated courtyard design within the two‑story building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Building Supply

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

10
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story property with approved plans and flexible residential and commercial layouts.
Where is this mixed-use property located?
The property is located at 6617 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10 residential units: four 1‑bedroom and six 2‑bedroom units, each with 1 bathroom; Four commercial units with open layouts and access to Ashland Avenue; Gated courtyard design within the two‑story building
More about this property
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