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$2,225,000 Just Listed
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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.
Full Property Details
Full Property Details for 1725 S Ashland Ave
General
- Price: $2,225,000
- Taxes: $24,982 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12614246
- Updated: 4/16/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: Located on the northeast corner of Ashland Ave. & 18th St.
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- # of Stores: 4
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,170
- Lot Dimensions: 49 x 85
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $12,664
- Operating Expenses: $34,053
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1920
- Tax Amount: $24,982
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 2893
Disclosures and Reports
- Property ID: 17203020440000
Listed by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 1725 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pilsen Elementary Community Academy 1420 West 17th Street, Chicago, IL 60608 | PK-8 | 0.2 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1725 S Ashland Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$2,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1725 S Ashland Ave
1725 S Ashland Avenue, Chicago, IL 60608 (MLS# 12614246) is a Commercial property. 1725 S Ashland Avenue is currently listed for $2,225,000 and was received on April 14, 2026. Want to learn more about 1725 S Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

