6848 S Ashland Avenue,Chicago, IL 60636
Chicago, IL 60636
Description
Rare opportunity to acquire a mixed-use building on a high-visibility commercial corridor in Chicago. This property features approximately 3,000 SF of commercial storefront space on the first floor, previously occupied by an upscale salon complete with a private office and restroom, along with a spacious 1,800 SF three-bedroom, one-bath residential unit on the second floor. The property sustained fire damage from an electrical fire in the upper residential unit and is being sold AS-IS, presenting an excellent value-add opportunity for investors, developers, or owner-users seeking to renovate and customize the space. The commercial storefront offers an open layout suitable for a variety of retail, office, or service-based businesses, while the upper unit provides the potential for rental income or owner occupancy after rehabilitation. Additional features include rear parking for approximately 2-3 vehicles and excellent exposure along busy Ashland Avenue, offering strong visibility and traffic counts. Whether you're looking to reposition a mixed-use asset, establish your business while generating residential rental income, or add a redevelopment project to your portfolio, this property offers significant upside potential in a well-traveled Chicago location
Details
| MLS # | 12723023 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1906 |
| Days On Site | 54 |
| Listing Provided By | Keller Williams Preferred Realty | Tysheka Pearson |
Features
| SQ Feet | 3,000 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | COMMR |
Interior
| Cooling | Central Air |
|---|
Exterior
| Roof | Membrane |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1837.61 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60636 |
| Area | CHI West Englewood |
| Listing VS Median (in 60636) | |
Price: $54,999 low | high Med: $199,950 sqft: 3,000 low | high Med: 1,375 $ / sqft: $18 low | high Med: $147 On site: 54 low | high Med: 23.5 | |
Market Activity 60636
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60636 |
| Area | CHI West Englewood |
| Listing VS Median (in 60636) | |
Price: $54,999 low | high Med: $199,950 sqft: 3,000 low | high Med: 1,375 $ / sqft: $18 low | high Med: $147 On site: 54 low | high Med: 23.5 | |
