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$599,900
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Property Description
3 Lots For Sale Next To Each Other 524 N. Ashland Ave/526 N. Ashland Ave (Industrial Commerical Office/Warehouse) & 530 N. Ashland Ave, Zoned B3-2. Possibilty Of Building A Multiple Apartment Building (Re-Zoning Required To Rm-5/Buyer Responsible For Veryfing). Rare Opportunity To Acquire This 2,400 Square Feet Distribution Warehouse Zoned B3-2 With Offices in The Desirable West Town Area. This Property Features 4 Offices (3 Spacious Offices On The 1St Level & 1 Large Office On The 2Nd Level), Storage, Warehouse & 1 Full & 2 Half Bathrooms. Currently Leased. Recent Upgrades Include New Front Door in 2020, New Hvac & A/C in 2023, New Water Heater in 2020, New Garage Door Opener in 2024, and New Rubber Roof in 2022. Whether You Choose To Occupy The Property Or Invest in Its Full Potential, The Possibilities Are Endless. With Rental Income, This Investment Is Sure To Thrive. Enjoy Close Proximity To Grocery Stores (Marianos), Coffee Shops, Entertainment, Dining, Metra & I90.
Full Property Details
Full Property Details for 526 N Ashland Ave
General
- Price: $599,900
- Taxes: $20,644 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12493073
- Updated: 10/16/2025
- Added to Site: 98 day(s) ago
Interior
- Interior Features: Storage Inside
- Flooring: Tile
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: NORTH AVENUE EAST FROM KENNEDY EXPRESSWAY TO ADA TURN LEFT TO 1686
- Location Details: Chicago West, Mixed-Use Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Drive-In Doors: 1
- Sub-Flooring: Tile
- Stories/Levels: 2
- Square Feet: 2,400
- Current Bldg. Use: Commercial
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 2,621
- Lot Dimensions: 2621
- Frontage: City Street
- Drainage: Floor Drains
- Potential Use: Commercial
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $21,718
- Security Deposit: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1920
- Tax Amount: $20,644.72
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17072240220000
Listed by United Real Estate-Chicago
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Schools
Schools serving 526 N Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Talcott Elementary School 1840 West Ohio Street, Chicago, IL 60622 | K-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 526 N Ashland Ave
Date
Details
Price
Change
Source
10/10/2025
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 526 N Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,645
3%
$97,554
—
2022
$20,065
2%
$97,554
—
2021
$19,617
51%
$97,554
67%
2020
$12,992
11%
$58,319
—
2019
$11,717
2%
$58,319
—
2018
$11,520
-3%
$58,319
6%
2017
$11,857
7%
$55,080
—
2016
$11,032
9%
$55,080
—
2015
$10,093
12%
$55,080
13%
2014
$9,050
2%
$48,779
—
2013
$8,872
1%
$48,779
—
2012
$8,753
—
$48,779
—
Disclaimer: Historical tax 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 526 N Ashland Ave
526 N Ashland Avenue, Chicago, IL 60622 (MLS# 12493073) is a Commercial property. 526 N Ashland Avenue is currently listed for $599,900 and was received on October 10, 2025. Want to learn more about 526 N Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

