Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12440217MLS Provider

201 S Ashland AvenueChicago, IL 60607

Commercial · 41,128 Sq. ft.
$9,995,000 Active

201 S Ashland Avenue Overview

Time on Site:
322 days
Visits:
6

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

201 S Ashland Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 41,128
  • Price/Sq.ft. $243

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1885

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near West Side

Tax Information

  • Tax Annual Amount: $140,067.00
  • Tax Year: 2023

General Information

  • Parcel Number: 17171100010000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 41128

General Information

  • Cooling: Central Air
  • Electric: Other
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 100.2' x 148.9'
  • Lot Size Square Feet: 14919

General Information

  • Number Of Units Total: 0

201 S Ashland Avenue Neighborhood

Community

60607 (Chicago) Demographics

30
Median Age
13,054
Population Density (per sq. mile)
82%
College Educated
$103,173
Estimated Median Income
5,713
Estimated Total Home Owners
7,819
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

201 S Ashland Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

201 S Ashland Avenue Market Data

Based on the last 30 days in this zip code

$851,912
Average List Price
$685
Average Price per Square Foot
43
Properties Sold
58
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

201 S Ashland Avenue History

Date Event Value Agent
8/16/2025Source: MRED Status Change
Active
8/11/2025Source: MRED Added to Database
August 11, 2025