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Investment Highlights

  • Corner presence with strong Ashland Avenue visibility
  • National and neighborhood-serving commercial tenants
  • Transit-accessible location near CTA Pink Line and I-90
  • Diversified income from residential and retail tenancy
  • Located in Chicago’s culturally rich Pilsen neighborhood

Executive Summary

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.

Property Facts

Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 10,300 SF
Average Occupancy 90%
No. Stories 3
Year Built 1920
Zoning B3-2 - Shopping centers, large stores, and retail storefronts, often along major streets. Aparments permitted above ground floor.

Amenities

Site Amenities

  • 24 Hour Access
  • Storage Space
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 12 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
17-20-302-044-0000
Land Assessment
$15,360
Improvements Assessment
$154,140
Total Assessment
$169,500
  • Listing ID: 40079611

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 1725 S Ashland Ave, Chicago, IL 60608

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