Commercial > Multi-family / Apartments
Active
05/08/2025
List Price
$1,190,000
1714 Ashland Ave
Chicago, IL 60608
- 4Beds
- 4Baths
- 5,952ft²Living Area
- 3,000ft²Lot Size
- -Pool
- -Car
- 1886Year Built
- 51DOM
- 1Permit
1714 Ashland Ave, Chicago, IL 60608 is a 4 bed, 4 bath, 5,952 ft² multi-family/apartments property built in 1886 on a 0.069 acre lot with 1 construction permit. This multi-family/apartments is currently listed for $1,190,000, and it was last sold in 2002 for $250,000.
MLS Description
The listing agent's description. Original Listing
* Prime Commercial Property in the vibrant Pilsen community. * This property consists of four generous size residential Artist Space presently but, the first floor expansive 3100 SQ feet space with floor to ceiling window facing Ashland Avenue with contiguous floor leading to Marshfield Avenue's loading dock, is a unique feature of this property with approximately same size basement loft at the intersection that boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries. * 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. * 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. With 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 * Invest in a strong, thriving community with a bright future. Motivated seller, aggressive price reduction.
Listing Agents
The listing agent for 1714 Ashland Ave is Roberto Montano.
RM
Roberto Montano
Engel & Völkers Chicago
Phone: (773) 797-9500
Permits
1714 Ashland Ave has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$4,715.05From latest Total Assessed Value8.42%Total Assessed Value$56,000=Land+
Assessed Value$9,000Additions
Assessed Value$47,000
In 2023, taxes billed for 1714 Ashland Ave were $4,715.05, which is 8.42% from latest Total Assessed Value of $56,000.
Property History
1714 Ashland Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1714 Ashland Ave
Hazard Risks
Tornado224Hail164Wind160Particulates148Weather114Air Pollution113Ozone110Carb Mono103Nat'l Avg100Lead55Earthquake48Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1714 Ashland Ave.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1714 Ashland Ave has a walkability score of 18 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 1714 Ashland Ave, temperatures range from 19.76°F to 34.02°F with an average of 26.89°F. In the summer, the temperature ranges from 62.39°F to 81.08°F with and average of 71.74°F.
School Information
Public/private schools serving 1714 Ashland Ave
Public Schools
Cooper Elementary Academy
Grades: PK-5
0.15 mi
D
Juarez Community Academy High School
Grades: 9-12
0.38 mi
D+
Orozco Elementary School
Grades: 6-8
0.43 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1714 Ashland Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in West Side, Chicago, IL 60608.
Seasonal Housing units 60608
2%of housing is for seasonal rent.
Daytime Population for 60608
-5%of people during work hours.
Crime Index for 60608
123
123
The crime index in 60608 is 123, which is 1.2 times higher than national average.
Market Trends
Historical market data near 1714 Ashland Ave over selected time period.
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