201 S Ashland Ave

Chicago, IL 60607

$9,995,000
Price
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Listed By @properties
Listed By @properties
a multi story building with trees in front of it
a building with glass door and outdoor space
an outdoor view with patio
a living room with furniture and a potted plant
a front view of a house
a view of a porch with a table and chairs
a view of a pathway both side of building
a view of a living room with hardwood floor
a view of hall with an outdoor space
a view of a building with large windows and a table and chairs
a view of a dining room with furniture window and wooden floor
a view of a living room with a tv
a view of water heater room
a living room with furniture and a large window
a room with furniture and windows
a living room with furniture and a large window
a lobby with furniture and wooden floor
a view of a livingroom with an empty space and a window
a kitchen with kitchen island a white counter top space a sink stainless steel appliances and cabinets
a front view of a house with patio and outdoor seating
a view of backyard with outdoor seating and green space
a view of a two chairs in patio
a bathroom with a double vanity sink and a mirror
a view of a hallway with dining area
a view of a dentist room with gym equipment
a bathroom with a sink and a mirror
a view of a chairs in a patio
a view of an empty room with wooden floor and windows
a living room with furniture and a flat screen tv
a lobby with furniture and floor to ceiling window
a view of an empty room
a view of an empty room and window
a view of a patio with table and chairs with wooden floor
a view of a chairs and table in the balcony
a view of lobby
a kitchen with counter top space and windows
a view of a room with gym equipment and large windows
a view of a hallway with windows
a view of entryway with wooden floor
a picture of floor plan

Description

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...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 level-add convenience and sophistication to any event. Whether you're planning a black-tie affair, hosting a team-building retreat, or curating an immersive gallery experience, this venue is a canvas for creativity and connection. A rare opportunity to own or operate a turnkey event space in one of the city's most dynamic and accessible locations-where history, design, and versatility converge.

Property Details for 201 South Ashland Avenue

Area
CHI - Near West Side
Air Conditioning Type
Central Air
LISTING UPDATED: 12/09/2025 05:26 PM

Property Details for 201 South Ashland Avenue

StatusActive
MLS #12440217
Days on Market124
Taxes$140,067 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1885
Lot Size0.34 AC / 14,919 SF
CountyCook County

Location

Listing Courtesy of: .

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Building Information for 201 South Ashland Avenue

Stories2Residences-Year Built1885Lot Size0.34 AC / 14,919 SF

Payment Calculator

$61,061 per month

30 year fixed, 6.28% Interest

Principal and Interest

$49,389

Property Taxes

$11,672

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 South Ashland Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Other
  • Heat/Ventilation: Central Bldg Heat
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 100.2' x 148.9'
  • Lot Size Square Feet: 14919.0
  • Stories: 2
  • Fire Protection: Sprinklers-Wet
  • Building Area Total: 41128
  • # Of Offices: 0
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 41
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 201 South Ashland Avenue

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Listed (Active)

MRED #12440217

$9,995,000—
DateEvent & SourcePrice
08/11/2025

Listed (Active)

MRED #12440217

$9,995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 South Ashland Avenue

Taxable ValueLand$112,965Additions$548,621Total$661,586
Tax Record2023$140,067 ($11,672 / month)
Home Facts
Lot Size15,154 SqFtStyleMiscellaneous CommercialCountyCOOKAPN17-17-110-001

Schools near 201 South Ashland Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Skinner Elementary School
Public - PK to 8
Wells Community Academy High School
Public - 9 to 12
Young Magnet High School
Public - 7 to 12
Chicago World Language Academy
Public - K to 8
Rating
School
Distance
Skinner Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Young Magnet High School
Public7 to 12

Chicago World Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 201 South Ashland Avenue, Chicago, IL 60607

201 South Ashland Avenue is a mixed use property for sale in Chicago, IL 60607. This property was listed for sale on August 11, 2025 by Compass, it's currently listed at $9,995,000. This listing's school district is Chicago Public Schools. Nearby schools include Skinner Elementary School, Wells Community Academy High School and Young Magnet High School. 201 South Ashland Avenue is a 0-bed, 0-bath, mixed use property built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/09/2025 05:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.