Active · For Sale · Mixed Use

201 S Ashland Avenue, Chicago, IL 60607

MLS #12440217

201 S Ashland Avenue, Chicago, IL 60607
201 S Ashland Avenue, Chicago, IL 60607CRER
201 S Ashland Avenue, Chicago, IL 60607

Start a conversation

Inquire about this property

201 S Ashland Avenue, Chicago, IL 60607

Property inquiry details

By submitting, you agree to the CRER privacy policy.

The property

Executive summary

A Historic Landmark Reimagined for Modern Events - In the Heart of Chicago Step into a piece of history-brilliantly reborn. Located in the heart of Chicago, this fully renovated, landmarked building offers a rare fusion of architectural grandeur and contemporary design, meticulously reimagined to serve as a premier event destination. Every inch of the structure has been thoughtfully updated-from the structural and mechanical systems to the interior finishes-creating a seamless blend of historic charm and modern sophistication. Spanning multiple levels and configurations, the property features six distinct event spaces-both indoor and outdoor-each offering its own unique ambiance. From intimate gatherings of 20 to grand celebrations of up to 500 guests, the venue adapts effortlessly to weddings, corporate functions, art showcases, concerts, and more. At the heart of the property is a state-of-the-art concert hall, where acoustics and design come together to deliver unforgettable experiences. For more personal occasions, smaller rooms offer cozy, elegant backdrops filled with warmth and character. Two fully built-out bar areas-one located just off the main hall (formerly a historic church space) and another on the upper…

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$140,067 (2023)

Property Details

Building Size
41,128 SF
Lot Size
14,919 SF
Lot Dimensions
100.2' x 148.9'
Stories
2
Year Built
1885
Building Age
Older
Parcel Number
17171100010000

Operations & Utilities

Heating
Central Bldg Heat
Cooling
Central Air
Electric
Other

Location & Use

County
Cook
Market Area
Chicago - Near West Side

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.