Listing provided courtesy of Spot Real EstateMREDas Distributed by MLSGrid- MLS# 12684155MLS Provider

614 N Ashland AvenueChicago, IL 60622

Commercial
$1,300,000 Active

614 N Ashland Avenue Overview

Time on Site:
7 days
Visits:
2

West Town Corner Lots: A Rare Canvas for Vision Opportunity meets versatility on this exceptional 47 x 100 corner double lot in the heart of super popular West Town. Zoned B3-2 with active upzoning all around, this property is a blank canvas for investors, owner-operators, and developers ready to make their mark. The first floor offers an expansive open commercial space spanning the full 47-foot width, anchored by a full kitchen built for serious use: a 6-burner Viking range, oversized double-door refrigerator/freezer, dishwasher, double oven, and microwave. The space also features AV components, including built-in ceiling speakers and a wall-mounted TV. A full bath with a shower and a separate half bath complete the main level. Below, a full basement runs under one of the buildings with laundry, generous storage, and impressive ceiling height. Step outside to a tranquil oasis: a quiet, tree-covered patio framed by potted plants and thoughtful landscaping, with direct access to the 2-car garage off Ontario Street. Upstairs, the living space delivers warmth and sophistication. A living room and dining room are flanked by exposed brick, while a chef's kitchen showcases high-end Viking appliances. The rear bedroom features an ensuite bath and opens to a private deck. The second floor runs on its own dedicated HVAC system with a separate furnace and A/C. Throughout, the building reflects smart, recent investment. The new addition was completed in 2013, the roof on the existing two-story building was replaced in 2015, and the first-floor spaces are divided by sleek sliding glass panels for flexible configuration. The possibilities are extraordinary: Keep it as is, with residential living above commercial below. Convert the first floor into storefronts (it was constructed for exactly this). Transform the upstairs into additional commercial or office space. Finish the rooftop into a showpiece outdoor space. Build up. The one-story addition was engineered with steel to support at least one additional floor. Go bigger. Rezone the two lots for greater density (as was done just a few doors down), with parking accessible off the side street. Keep it, expand it, or reimagine it entirely. In one of Chicago's most dynamic neighborhoods, this is your chance to build something remarkable.

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614 N Ashland Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1885

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Town
  • Township: North Chicago

Tax Information

  • Tax Annual Amount: $14,725.00
  • Tax Year: 2024

General Information

  • Parcel Number: 17072150420000
  • Possible Use: Commercial,Condominium,Office,Multi-Family,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 47x100
  • Lot Size Square Feet: 4700

Building Exterior/Construction

  • Roof: Membrane

General Information

  • Number Of Units Total: 2

614 N Ashland Avenue Neighborhood

Community

60622 (Chicago) Demographics

32
Median Age
21,403
Population Density (per sq. mile)
75%
College Educated
$106,128
Estimated Median Income
9,607
Estimated Total Home Owners
14,690
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

614 N Ashland Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

614 N Ashland Avenue Market Data

Based on the last 30 days in this zip code

$864,928
Average List Price
$719
Average Price per Square Foot
65
Properties Sold
37
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

614 N Ashland Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026