Chicago, IL 60608 1725 S Ashland Avenue
$2,225,000



24 more
























Presented By: Berkshire Hathaway HomeServices Chicago
Home Details
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.
Presented By: Berkshire Hathaway HomeServices Chicago
General for 1725 S Ashland Avenue
Additional Parcels Y/NNo
Cap Rate5.25
CityChicago
CoolingCentral Individual
CountyCook
DirectionsLocated on the northeast corner of Ashland Ave. & 18th St.
ElectricSeparate Meters
Electric Expense2893
Fuel Expense1627
Gross Income174189
Insurance Expense12664
Lot Size Square Feet4170
MLS AreaCHI - Lower West Side
Net Operating Income116838
Number Of Units Total12
Operating Expense34053
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount24982
Tax Year2024
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense3376
Year Built1920
ZoningCOMMR
Exterior for 1725 S Ashland Avenue
Lot Dimensions49X85
Additional Details
Price History
