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$54,999
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Property Description
Value-add mixed-use opportunity in a high-visibility location with strong traffic counts! This property features approximately 1,500 square feet of commercial space on the main level, previously operating as an upscale salon. The storefront includes a spacious salon area, private office, and restroom, making it ideal for a variety of retail, office, or service-based businesses.The second floor offers a 3-bedroom, 1-bath residential unit with approximately 1,200 square feet of living space. Additional features include rear parking for 2-3 vehicles and excellent exposure on a busy commercial street. The property sustained fire damage from an electrical fire affecting the residential unit and is being sold strictly AS-IS. This is an excellent opportunity for investors, rehabbers, contractors, or owner-operators looking to restore and reposition a mixed-use property with income-producing potential. Bring your vision and unlock the value of this well-located property with commercial and residential income possibilities.
Full Property Details
Full Property Details for 6848 S Ashland Ave
General
- Price: $54,999
- Taxes: $939 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12667804
- Updated: 6/10/2026
- Added to Site: 11 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - West Englewood
- County: Cook
- Township: Lake
- Driving Directions: Ashland north or south to address
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Sub-Flooring: Tile
- Stories/Levels: 2
- Square Feet: 2,400
- # of Stores: 1
- Year Built: 1906
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,700
- Lot Dimensions: 25 x 108
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1906
- Tax Amount: $939.28
- Tax Year: 2025
Disclosures and Reports
- Property ID: 20194150410000
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Schools
Schools serving 6848 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otoole Elementary School 6550 South Seeley Avenue, Chicago, IL 60636 | PK-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 6848 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$738
—
$8,500
143%
2023
$738
2%
$3,500
—
2022
$720
2%
$3,500
—
2021
$704
-46%
$3,500
-41%
2020
$1,313
-2%
$5,896
-12%
2019
$1,346
2%
$6,701
—
2018
$1,324
-29%
$6,701
-23%
2017
$1,874
7%
$8,706
—
2016
$1,744
9%
$8,706
—
2015
$1,595
9%
$8,706
11%
2014
$1,458
53%
$7,857
—
2013
$951
-1%
$7,857
—
2012
$962
—
$7,857
—
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 6848 S Ashland Ave
6848 S Ashland Avenue, Chicago, IL 60636 (MLS# 12667804) is a Commercial property. 6848 S Ashland Avenue is currently listed for $54,999 and was received on June 04, 2026. Want to learn more about 6848 S Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

