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6848 South Ashland AvenueChicago, IL 60636Price: $54,999

  • Price: $54,999
  • 0 Day on Market
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Federal 30-year interest rate: 6.53% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $54,999List Price
  • 1906Year Built
  • 2,400Square Feet

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Value-add mixed-use opportunity in a high-visibility location with strong traffic counts! This property features approximately 1,500 square feet of commercial space on the main level, previously operating as an upscale salon. The storefront includes a spacious salon area, private office, and restroom, making it ideal for a variety of retail, office, or service-based businesses.The second floor offers a 3-bedroom, 1-bath residential unit with approximately 1,200 square feet of living space. Additional features include rear parking for 2-3 vehicles and excellent exposure on a busy commercial street. The property sustained fire damage from an electrical fire affecting the residential unit and is being sold strictly AS-IS. This is an excellent opportunity for investors, rehabbers, contractors, or owner-operators looking to restore and reposition a mixed-use property with income-producing potential. Bring your vision and unlock the value of this well-located property with commercial and residential income possibilities.

Property Details of 6848 South Ashland Avenue

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Listed by Tysheka Pearson of Keller Williams Preferred Realty

Based on information submitted to MRED  as of June 4, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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