$515,000
1817 S Ashland Avenue
Chicago, IL, 60608
Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave…with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit — totally gutted and with architectural plans and general contractor in place–ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans…with large 2 bedroom, 2 bath in all 4 floor units….with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit–extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop –the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is…property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen…schedule soon for quick showing before it’s under contract. Architectural plans can be transferred to purchaser…and general contractor will offer services to new buyer(s) if needed.
Property Details
Price:
$515,000
MLS #:
MRD11883142
Status:
Active
Beds:
8
Baths:
8
Address:
1817 S Ashland Avenue
Type:
Multi Family
Neighborhood:
CHI – Lower West Side
City:
Chicago
Listed Date:
Apr 4, 2025
State:
IL
ZIP:
60608
Year Built:
1892
Schools
School District:
299
Interior
Appliances
Humidifier
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Exterior Features
Patio, Porch
Other Structures
Garage(s)
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2021
Taxes
$159
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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1817 S Ashland Avenue
Chicago, IL
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