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1714 S Ashland Avenue, Chicago, IL 60608

1714 S Ashland Avenue, Chicago, IL 60608
Delighted to present: The Persepolitan. * A bohemian treasure in the vibrant and historic Pilsen community. * Prime Commercial Property * This property features four oversized residential units and one expansive commercial space. * Strong Investment Opportunity * Offering a double-digit CAP rate, driven by steady cash flow and significant appreciation potential. * Unmatched Accessibility * A commuter's delight, located at the intersection of 18th St. and Ashland Ave., with bus stops within walking distance and the Pink Line train station just a short walk away. * High Foot & Vehicle Traffic * This highly accessible location ensures consistent foot traffic and remarkable commuter convenience. The intersection boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries * A loading dock on Marshfield Avenue at the rear of the building improves accessibility for deliveries and logistics. * Proximity to Major Landmarks & Employers * Just minutes from Chicago's Medical District, the University of Illinois at Chicago (UIC), FBI Headquarters, Rush University Medical Center, the National Museum of Mexican Art, and Thalia Hall-a historic live music venue that draws both locals and visitors with top-tier performances. * A Culinary & Cultural Destination * Pilsen is home to some of Chicago's best restaurants, cafes, and cultural hotspots. * Besides its formidable culinary chops, Pilsen is world-famous for its vibrant murals and street art, which transform the neighborhood into an open-air gallery. * From large-scale, pieces to intimate depictions of everyday life, these murals tell the story of Pilsen's rich cultural heritage and deep-rooted artistic community. * This colorful, dynamic landscape adds to the area's energy and makes it one of the most visually striking neighborhoods in Chicago. * This four unit mixed-use residential building has a powerful zoning: C1-2 * Investors will appreciate the versatile commercial use, accommodating tenants such as: national retailers * Coffee shops, restaurants, salons * Artist live/work spaces * Universities, daycare centers, veterinary clinics * Urban farming, banquet halls, insurance agencies * Banks, financial services, bed & breakfasts, vacation rentals * Medical offices, data storage, auto supply stores * Motorcycle/boat sales, artisan industrial businesses * Laundromats/dry cleaning services * Wholesale operations, freight & warehousing * Wireless communication facilities and more! * Additionally, apartments are permitted above the ground floor, with over 5,000 square feet of divisible residential space currently in use. * Strategic Location & Convenience * Costco is just two minutes away * Super easy access to I-290, I-55, and I-90/94 * Immediate convenience, cashflow, & long-term value * Seize this rare opportunity. Invest in a strong, thriving community with a bright future. Schedule your showing today.
Year Built1886

Porperty Highlights

  • Price $1,300,000
  • Property ID 12302433
  • Property Status Active
  • Year Built 1886
  • Garage Size x x
  • Property Type Mixed Use, Commercial Sale
  • Utilities Water-Municipal
  • Cooling Exhaust Fan
  • County Cook
  • Property Type Commercial Sale
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Property Features

Luxury Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

Video Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

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Floor Plans

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Frequently Asked Questions

We provide personalized consultation for purchasing luxury properties, including custom property searches, negotiation assistance, and support throughout the entire acquisition process, including connections with industry professionals such as lawyers and notaries.

You can contact us directly through our contact form or by phone to schedule an appointment with one of our experts. We will evaluate your property and create a customized marketing strategy to ensure you get the best possible return.

Yes, we offer comprehensive property management services for luxury homes, including maintenance, rental management, and oversight of daily operations to ensure your investment is always in top condition.

Purchasing a property in these areas means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

Absolutely. We offer detailed and personalized virtual tours for every property, allowing you to explore homes from anywhere in the world. Contact us to schedule a virtual tour appointment.

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1714 S Ashland Avenue, Chicago, IL 60608

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