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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$2,225,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12614246

Year Built 1920

Annual Tax Amount $24,982

Tax Year 2024

Lot Dimensions 49X85

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

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Listed by Vaciliki Ress of Berkshire Hathaway HomeServices Chicago

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

1725 S Ashland AVE Chicago, IL 60608

Garrett Johnson

Key Details

Location

Interior

Building

Nearby School & Business

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