www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31662913
31662914

1725 S Ashland Avenue, Chicago, IL 60608 For Sale

VR
IL IL 475151518
Berkshire Hathaway HomeServices Chicago
IR
475189570
Berkshire Hathaway HomeServices KoenigRubloff Realty Group Glenview
RE/MAX Premier
Listed by Berkshire Hathaway HomeServices Chicago, Berkshire Hathaway HomeServices KoenigRubloff Realty Group Glenview, RE/MAX Premier
$2,225,000
104 days on market
Updated 87 days ago

1725 S ASHLAND AVE CHICAGO IL 60608

Details
APN 17203020440000
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 11,280
Units 12
Cap Rate 7.57%
NOI $168,438
Occupancy 91%
Tenancy Multi
Lease Type Modified
Remaining Term 5
Price per SqFt $197
Class B
Year Built 1920
Year Renovated 2024
Stories 3
Lot Size (SqFt) 4,170
Zoning COMMR
Investment Type Stabilized
Ground Lease No

Mixed use building with upside!

Marketing 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.

Investment highlights

  • Great Location
  • Value Add
  • Great mix or Retail and Apartments

Icon
Powered by MRED
Learn More

Listing Contacts

VR
IL IL 475151518
Berkshire Hathaway HomeServices Chicago
IR
475189570
Berkshire Hathaway HomeServices KoenigRubloff Realty Group Glenview
RE/MAX Premier
Listed by Berkshire Hathaway HomeServices Chicago, Berkshire Hathaway HomeServices KoenigRubloff Realty Group Glenview, RE/MAX Premier

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,438.00
$14,036.50/mo

Valuation Metrics

0
DSCR
7.57%
Cap Rate
7.57%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Vaciliki Ress
License
IL 475151518
Brokerage
Vaciliki Ress
Brokerage Phone
7736177629
Title
Broker
Brokerage Address
2630 Valor Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591