1817 S Ashland Ave Chicago, IL 60608
Pilsen NeighborhoodEstimated payment $3,288/month
Highlights
- Deck
- Intercom
- Home Security System
- Porch
- Patio
- Ceiling Fan
About This Home
Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans...with large 2 bedroom, 2 bath in all 4 floor units....with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is...property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen...schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser...and general contractor will offer services to new buyer(s) if needed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,807
Year Built
- Built in 1892
Lot Details
- Lot Dimensions are 24 x 125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 8 Bathrooms
- Dual Sinks
- No Tub in Bathroom
- Separate Shower
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Home Security System
- Intercom
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
- Gas Water Heater
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $495,000 | -0.8% | -- |
| 07/11/2025 07/11/25 | For Sale | $499,000 | +42.6% | -- |
| 10/19/2021 10/19/21 | Sold | $350,000 | 0.0% | -- |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- |
| 11/10/2020 11/10/20 | For Sale | -- | -- | -- |
| 11/09/2020 11/09/20 | For Sale | $350,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12417147
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