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Off market
  • $720,100

    1714 S Ashland Ave, Chicago, IL 60608

    --beds
    --baths
    --sqft
    Mixed Use
    Built in 1886
    -- sqft lot
    $720,100 Zestimate®
    $--/sqft
    $5,758 Estimated rent

    Home value

    $720,100

    $605,000 - $850,000

    $5,758/mo

    Zestimate® history
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    What's special

    Expansive commercial spaceFour oversized residential units

    * Prime Commercial Property in the vibrant Pilsen community. * This property consists of four generous size residential Artist Space presently but, the first floor expansive 3100 SQ feet space with floor to ceiling window facing Ashland Avenue with contiguous floor leading to Marshfield Avenue's loading dock, is a unique feature of this property with approximately same size basement loft at the intersection that boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries. * Proximity to Major Landmarks & Employers * Just minutes from Chicago's Medical District, the University of Illinois at Chicago (UIC), FBI Headquarters, Rush University Medical Center, the National Museum of Mexican Art, and Thalia Hall-a historic live music venue that draws both locals and visitors with top-tier performances. * Strong Investment Opportunity * Offering a double-digit CAP rate, driven by steady cash flow and significant appreciation potential. * Unmatched Accessibility * A commuter's delight, located at the intersection of 18th St. And Ashland Ave., with bus stops within walking distance and the Pink Line train station just a short walk away. * High Foot & Vehicle Traffic * This highly accessible location ensures consistent foot traffic and remarkable commuter convenience. With a powerful zoning: C1-2 * Investors will appreciate the versatile commercial use, accommodating tenants such as: national retailers * Coffee shops, restaurants, salons. * Artist live/work spaces * Universities, daycare centers, veterinary clinics * Urban farming, banquet halls, insurance agencies * Banks, financial services, bed & breakfasts, vacation rentals * Medical offices, data storage, auto supply stores * Motorcycle/boat sales, artisan industrial businesses * Laundromats/dry cleaning services * Wholesale operations, freight & warehousing * Wireless communication facilities and more! * Additionally, apartments are permitted above the ground floor, with over 5, 000 square feet of divisible residential space currently in use. * Strategic Location & Convenience * Costco is just two minutes away * Super easy access to I-290, I-55, and I-90/94 * Immediate convenience, cashflow, & long-term value * Invest in a strong, thriving community with a bright future. Motivated seller, aggressive price reduction.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Engel & Volkers,MLS#: 12302433MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Features
    • Stories: 2
    Details
    • Parcel number: 1719407038

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1886

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $650,000
    • Date on market: 3/4/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    1/1/2026Listing removed$1,190,000
    Source: Engel & Volkers #12302433 Report a problem
    4/1/2025Price change$1,190,000-8.5%
    Source: Engel & Volkers #12302433 Report a problem
    3/4/2025Listed for sale$1,300,000+420%
    Source: Engel & Volkers #12302433 Report a problem
    7/12/2019Listing removed$1,450
    Source: Zillow Rental Manager Report a problem
    6/12/2019Listed for rent$1,450+7.4%
    Source: Zillow Rental Manager Report a problem
    6/8/2018Listing removed$1,350
    Source: Zillow Rental Network Report a problem
    6/2/2018Listed for rent$1,350
    Source: Zillow Rental Network Report a problem
    1/31/2002Sold$250,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $65,000 +16.1%
    2023$4,715 -0.6%$56,000
    2022$4,742 +5%$56,000
    2021$4,514 -3.1%$56,000 +77.4%
    2020$4,658 +0.3%$31,572 -23.2%
    2019$4,644 +8.1%$41,107 -6.9%
    2018$4,297 +30.1%$44,131 +53.1%
    2017$3,303 -32.8%$28,827
    2016$4,916 +34.5%$28,827
    2015$3,655 +1.4%$28,827 +20.9%
    2014$3,606 -16.8%$23,837
    2013$4,335 +1.4%$23,837
    2012$4,277 -21.7%$23,837 -29.3%
    2011$5,466 -0.4%$33,729
    2010$5,489 +4.4%$33,729
    2009$5,260 -16.3%$33,729 -23%
    2008$6,282 +1%$43,790
    2007$6,219 -1.1%$43,790
    2006$6,286 +68.7%$43,790 +92%
    2005$3,726 +1%$22,805
    2004$3,689 +2.2%$22,805
    2003$3,609 $22,805
    Find assessor info on the county website

    Neighborhood: Heart of Chicago

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $720,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $720,100