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About the Listing 18283 - 183772,893142
This large corner brick three-unit mixed-use building sits prominently at the lighted intersection of Ashland Avenue and 21st Street, offering a prime retail space that has remained consistently leased thanks to its unbeatable visibility and high-traffic location. The property includes a full basement and exterior signage with excellent exposure at the stoplight, presenting the potential for additional advertising income. Longtime ownership and first-time availability since the early 1960s make this a rare opportunity to acquire a well-positioned asset in an established neighborhood. The two residential apartments above the retail storefront offer spacious layouts filled with natural light and feature large floor plans, providing immediate rental income with the option to further maximize returns through updates and modern finishes. Residents can enjoy a generous outdoor deck ideal for entertaining, along with the convenience of a two-car garage in the rear for extra income potential. With strong fundamentals, untapped upside, and a proven rental history, this property is an excellent investment for both owner-occupiers and value-add investors alike.
Listing Highlights for 2024 S Ashland Ave
Status
Pending
Days on Site
21
Property Type
Commercial Sale
MLS ®
12455519
Year Built
1891
Total Square Footage
5,047
Lot/Acreage
0.08
County
Cook
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25X137
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $9,495
- Taxes w/Assessments: N/A
- Tax/Property ID: 17194210420000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
2024 S Ashland Ave Chicago, IL 60608
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