There are multiple listings for this address:
$1,300,000
1714 S Ashland Avenue
Chicago, IL, 60608
The Montano Group is delighted to present: The Persepolitan. * A bohemian treasure in the vibrant and historic Pilsen community. * Prime Commercial Property * This property features four oversized residential units and one expansive commercial space. * 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. The intersection boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries * A loading dock on Marshfield Avenue at the rear of the building improves accessibility for deliveries and logistics. * 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. * A Culinary & Cultural Destination * Pilsen is home to some of Chicago’s best restaurants, cafes, and cultural hotspots. * Besides its formidable culinary chops, Pilsen is world-famous for its vibrant murals and street art, which transform the neighborhood into an open-air gallery. * From large-scale, pieces to intimate depictions of everyday life, these murals tell the story of Pilsen’s rich cultural heritage and deep-rooted artistic community. * This colorful, dynamic landscape adds to the area’s energy and makes it one of the most visually striking neighborhoods in Chicago. * This four unit mixed-use residential building has 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 * Seize this rare opportunity. Invest in a strong, thriving community with a bright future. Schedule your showing today.
Property Details
Price:
$1,300,000
MLS #:
MRD12295348
Status:
Active
Beds:
0
Baths:
0
Address:
1714 S Ashland Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Lower West Side
City:
Chicago
Listed Date:
Mar 3, 2025
State:
IL
ZIP:
60608
Year Built:
1886
Schools
Interior
Exterior
Financial
Tax Year
2022
Taxes
$4,500
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
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1714 S Ashland Avenue
Chicago, IL
$1,300,000
1714 S Ashland Avenue
Chicago, IL, 60608
The Montano Group is delighted to present: The Persepolitan. * A bohemian treasure in the vibrant and historic Pilsen community. * Prime Commercial Property * This property features four oversized residential units and one expansive commercial space. * 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. The intersection boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries * A loading dock on Marshfield Avenue at the rear of the building improves accessibility for deliveries and logistics. * 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. * A Culinary & Cultural Destination * Pilsen is home to some of Chicago’s best restaurants, cafes, and cultural hotspots. * Besides its formidable culinary chops, Pilsen is world-famous for its vibrant murals and street art, which transform the neighborhood into an open-air gallery. * From large-scale, pieces to intimate depictions of everyday life, these murals tell the story of Pilsen’s rich cultural heritage and deep-rooted artistic community. * This colorful, dynamic landscape adds to the area’s energy and makes it one of the most visually striking neighborhoods in Chicago. * This four unit mixed-use residential building has 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 * Seize this rare opportunity. Invest in a strong, thriving community with a bright future. Schedule your showing today.
Property Details
Price:
$1,300,000
MLS #:
MRD12302433
Status:
Active
Beds:
0
Baths:
0
Address:
1714 S Ashland Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Lower West Side
City:
Chicago
Listed Date:
Mar 3, 2025
State:
IL
ZIP:
60608
Year Built:
1886
Schools
Interior
Exterior
Financial
Tax Year
2022
Taxes
$4,500
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
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Chicago, IL$1,675,000
0.00 miles away
- 1458 N Campbell Avenue
Chicago, IL$1,650,000
0.00 miles away
- 2723 N Halsted Street
Chicago, IL$1,650,000
0.00 miles away
- 2849 N Drake Avenue
Chicago, IL$1,650,000
0.00 miles away
- 923 S Carpenter Street
Chicago, IL$1,625,000
0.00 miles away
- 900 S Campbell Avenue
Chicago, IL$1,600,000
0.00 miles away
- 2944 W Devon Avenue
Chicago, IL$1,600,000
0.00 miles away
- 6557 S Minerva Avenue
Chicago, IL$1,600,000
0.00 miles away
- 1259 N Milwaukee Avenue
Chicago, IL$1,599,000
0.00 miles away
- 5441 N Lincoln Avenue
Chicago, IL$1,599,000
0.00 miles away
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