This fully renovated multifamily property presents a turn-key investment opportunity with full occupancy and strong in-place cash flow. The attractive brick building features modernized layouts with open floor plans, newly updated kitchens, and contemporary bathrooms, appealing to today’s renters seeking both style and functionality. The renovations enhance the property’s long-term durability while reducing near-term capital needs, offering investors peace of mind and stable operations from day one. Adding to the upside, the property includes a vacant coach house located above the rear garage. This space is primed for renovation and conversion into an additional rental unit, providing a clear path for increased income and property value. With its blend of stabilized tenancy and future growth potential, this asset offers investors a rare opportunity to acquire a well-positioned property that combines immediate returns with long-term upside.
Property Details
Price:
$1,100,000
MLS #:
MRD12506571
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilowerwestside
Listed Date:
Oct 29, 2025
Total Sq Ft:
5,904
Year Built:
1893
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2023
Taxes
$11,665
Map
Community
- Address1813 S Ashland Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60608
Market Summary
Current real estate data for Commercial in Chicago as of May 15, 2026
896
Commercial Listed
190
Avg DOM
$1,025,421
Avg List Price
Property Summary
- 1813 S Ashland Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,100,000
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1813 S Ashland Avenue
Chicago, IL


