201 S Ashland Avenue, Chicago, IL 60607
Cook County
Key Facts
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 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 Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1885
Stories
2
Living Area
41,128 sq ft
Lot Size
14,919 sq ft
Lot Dimensions
100.2' x 148.9'
Days on Market
258
MLS® Listing#
12440217
Property Features
Cooling
Financial Details
Annual Taxes
$140,067
Tax year 2023
Parcel Number
17171100010000
Directions
West on Adams, South on Ashland
Affordability Calculator
$1,999,000
Estimated monthly payment
$53,198/mo
Principal $7,996,000 · Est. interest $11,155,132 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,575
- Median Listing Price
- 36
- Median Days on Market
- 1,400
- Median Sq Ft
- $275
- Median Price / Sq Ft
- 4,277
- Active Listings
- This home’s price is 2472% above the area median.
- Its price per sq ft is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Whitney M Young Magnet High School
Secondary · 0.1 mi away
The Gardner School
School · 0.4 mi away
Chicago Public Schools
Elementary · 0.4 mi away
Chicago World Language Academy
School · 0.4 mi away
Brown W Elementary School
Elementary · 0.4 mi away
Rudolph Elementary Learning Center
Elementary · 0.4 mi away
Mef
School · 0.5 mi away
Chicago Bulls College Prep
Secondary School · 0.6 mi away
Chicago Public Schools
Elementary · 0.6 mi away
Suder Montessori Magnet School
Elementary · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
Stem Magnet Academy
School · 0.7 mi away
Thomas Jefferson Elementary School
Elementary · 0.7 mi away
Victor Herbert Elementary
Elementary · 0.7 mi away
Michael Barlow Center
School · 0.7 mi away
Children of Peace School
Elementary · 0.7 mi away
Rush Day School
School · 0.8 mi away
Laurance Armour Day School
Elementary · 0.8 mi away
Uno Charter School
School · 0.8 mi away
Chicago Public Schools
School · 0.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 435 N Michigan Avenue 2203, Chicago, IL | $7,000,000 | 3 | 4 | — |
| 1455 S Michigan Avenue, Chicago, IL | $7,190,000 | — | — | 22,500 |
| 363 E Wacker Drive 9101, Chicago, IL | $7,500,000 | 4 | 5 | 5,734 |
| 1838 N BURLING Street, Chicago, IL | $7,750,000 | 5 | 5 | 6,031 |
| 4192 S Archer Avenue, Chicago, IL | $7,900,000 | — | — | 58,000 |
| 3026 N Lake Shore Drive, Chicago, IL | $7,995,000 | 6 | 9 | 9,100 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: @properties Christie's International Real Estate - 3122540200
Last Updated: 2025-08-11