1325 N Ashland Avenue Chicago, IL $ 660,000
1325 N Ashland Avenue
$ 660,000
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1325 N Ashland Avenue

Chicago, IL, 60622
$ 660,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,064

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Commercial Property for sale in Chicago, IL

for $660,000. This building was built in 1931 on a lot size of 0.066116.

Investment Opportunity - Legal 3-Flat in Prime West Town (B2-3 Zoning) Exceptional value-add opportunity in the highly sought-after West Town area of Chicago. This historic, legal 3-unit building offers approximately 2,400 sq ft above grade, plus an additional 1,200 sq ft garden unit, providing significant upside potential. The property has already undergone substantial initial work, including major demolition, new roof, new gutters, new windows, and completed framing, allowing the next owner to move directly into the build-out phase. Key highlights: B2-3 zoning - ideal for mixed-use or flexible redevelopment 3 total units with the option to convert the garden unit to commercial or residential use (increased ceiling height already completed) Detached 2.5-car garage with rooftop deck potential Open to build-to-suit concepts Unique layout offering multiple design and income strategies Located just steps from Division, Ashland, and Milwaukee, this property sits in one of Chicago's hottest corridors with close proximity to the Blue Line, I-90/94, and multiple bus routes-making it highly attractive for both residential and commercial tenants. A rare opportunity to customize and maximize value in a prime location.

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Commercial Active

Price

$ 660,000

Property Type

Commercial

Taxes

$ 13,276

Style

Lot Size

0.066116

Year Built

1931

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12598246

Features
General
Cooling None
Year Built 1931
Electric None
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions West on division from Bosworth right to Ashland North end on east side of the street 1325 N Ashland.
City Chicago
Number Of Units Total 3
MLS Area CHI - West Town
Lot Size Square Feet 2880
Tax Annual Amount 13276.1
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 24x120
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* Excluded Features
List By
Fierro Legacy Realty Inc

Broker

mario.fierro.realestate@gmail.com

Email

Affordability Calculator

$5,170
Per Month
79%
21%
0%
Monthly Principal & Interest
$4,064
Monthly Property Taxes
$1,106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$660,000 Listed Price

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1325 N Ashland Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $660,000 with a lot size of 0.066116. 1325 N Ashland Avenue was built in 1931. The property's zip code is 60622 which is in Chicago, IL