1725 S Ashland Avenue Chicago, IL $ 2,225,000
1725 S Ashland Avenue
$ 2,225,000
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1725 S Ashland Avenue

Chicago, IL, 60608
$ 2,225,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,700

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Commercial Property for sale in Chicago, IL

for $2,225,000. This building was built in 1920 on a lot size of 0.09573.

Positioned at a highly visible corner along South Ashland Avenue in the heart of Chicago's vibrant Pilsen neighborhood, 1725 South Ashland Avenue presents a compelling mixed-use investment anchored by durable income and long-term upside. The property blends well-maintained residential units with established street-level commercial tenants, creating a balanced revenue profile that appeals to both traditional and value-add investors. The retail component benefits from excellent frontage and pedestrian exposure, with a tenant mix that includes a popular neighborhood restaurant, a nationally recognized wireless retailer, and a professional services office. These uses contribute consistent foot traffic while reinforcing the property's role as a daily-use destination within the community. Residential units above are thoughtfully laid out, well maintained, and historically occupied, supporting dependable in-place income with additional upside through future rental growth and lease-up of vacant units. Located minutes from the Chicago Loop, the asset is embedded within one of the city's most culturally rich and visually dynamic neighborhoods. Pilsen is known for its dense population base, strong neighborhood identity, and accessibility via CTA rail, major bus corridors, and nearby expressways. The surrounding area features a mix of residential density, local retail, and cultural landmarks, making it attractive to both tenants and long-term ownership. This offering represents a rare opportunity to acquire a corner mixed-use asset in an established urban submarket, combining immediate cash flow with future value enhancement potential in one of Chicago's most resilient neighborhoods.

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Commercial Active

Price

$ 2,225,000

Property Type

Commercial

Taxes

$ 24,982

Style

Lot Size

0.09573

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12614246

Features
General
Cooling Central Individual
Zoning COMMR
Year Built 1920
Electric Separate Meters
Tenant Pays Electricity Heat
Stories Count 3
Property Subtype Mixed Use
Tax Year 2024
Gross Income 174189
County Cook
Net Operating Income 116838
Operating Expense 34053
Insurance Expense 12664
Property Type Commercial Sale Mixed Use
Status New
Directions Located on the northeast corner of Ashland Ave. & 18th St.
City Chicago
Number Of Units Total 12
MLS Area CHI - Lower West Side
Lot Size Square Feet 4170
Tax Annual Amount 24982
Electric Expense 2893
Fuel Expense 1627
Trash Expense 0
Water Sewer Expense 3376
Additional Parcels Y/N N
Standard Status Active
Cap Rate 5.25
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Exterior
Lot Dimensions 49X85
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

kress@bhhschicago.com;kikiress@yahoo.com

Email

Affordability Calculator

$15,782
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,700
Monthly Property Taxes
$2,082
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
4/14/2026$2,225,000 Listed Price

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1725 S Ashland Avenue, Chicago, IL, 60608 is a Commercial Property for sale at $2,225,000 with a lot size of 0.09573. 1725 S Ashland Avenue was built in 1920. The property's zip code is 60608 which is in Chicago, IL