This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
$1,300,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
Property Description
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.
Full Property Details
Full Property Details for 614 N Ashland Ave
General
- Price: $1,300,000
- Taxes: $14,725 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12684155
- Updated: 6/28/2026
- Added to Site: 13 day(s) ago
Additional Information
- Security/Safety: None, Carbon Monoxide Detector(s)
Location
- Area: CHI - West Town
- County: Cook
- Township: North Chicago
- Driving Directions: Ashland North or South to address. Corner of Ashland and Ontario
- Location Details: Downtown Chicago, Chicago West, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air, Gas
Structural Information
- Roof: Membrane
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1885
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,700
- Lot Dimensions: 47 x 100
- Frontage: City Street
- Potential Use: Commercial, Condominium, Office, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: None, Carbon Monoxide Detector(s)
- Assessment Year: 1885
- Tax Amount: $14,725
- Tax Year: 2024
Disclosures and Reports
- Property ID: 17072150420000
Listed by Spot Real Estate
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 614 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 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 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 614 N Ashland Ave
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 614 N Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,805
—
$61,531
4%
2023
$11,805
3%
$59,099
—
2022
$11,452
2%
$59,099
—
2021
$11,215
23%
$59,099
34%
2020
$9,105
-1%
$43,974
-11%
2019
$9,238
2%
$49,410
—
2018
$9,082
-4%
$49,410
5%
2017
$9,450
5%
$47,274
—
2016
$8,968
10%
$47,274
—
2015
$8,182
37%
$47,274
36%
2014
$5,983
8%
$34,816
5%
2013
$5,530
1%
$33,033
—
2012
$5,480
—
$33,033
—
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 614 N Ashland Ave
614 N Ashland Avenue, Chicago, IL 60622 (MLS# 12684155) is a Commercial property. 614 N Ashland Avenue is currently listed for $1,300,000 and was received on June 22, 2026. Want to learn more about 614 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.

