1813 S Ashland Avenue
Chicago, IL, 60608
$1,200,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,200,000
1813 S Ashland Avenue
Chicago, IL, 60608
MLS #MRD12506571 image #0
This fully renovated multifamily property presents a turn-key investment opportunity with full occupancy and strong in-place cash flow. The attractive brick building features modernized layouts with open floor plans, newly updated kitchens, and contemporary bathrooms, appealing to today’s renters seeking both style and functionality. The renovations enhance the property’s long-term durability while reducing near-term capital needs, offering investors peace of mind and stable operations from day one. Adding to the upside, the property includes a vacant coach house located above the rear garage. This space is primed for renovation and conversion into an additional rental unit, providing a clear path for increased income and property value. With its blend of stabilized tenancy and future growth potential, this asset offers investors a rare opportunity to acquire a well-positioned property that combines immediate returns with long-term upside.

Property Details

Price:
$1,200,000
MLS #:
MRD12506571
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilowerwestside
Listed Date:
Oct 29, 2025
Total Sq Ft:
5,904
Year Built:
1893
Chi – Lower West SideChilowerwestside

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$80,912
Tax Year
2023
Taxes
$11,665
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Nov 03, 2025
1,101
Commercial Listed
168
Avg DOM
151
Avg $ / SqFt
$1,049,439
Avg List Price

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Property Summary

    1813 S Ashland Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,200,000 To schedule a showing of MLS#mrd12506571 at 1813 S Ashland Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1813 S Ashland Avenue
Chicago, IL