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Mixed-Use Building with Roof Deck
For Sale
$475,000

4606 S Ashland Avenue, Chicago, IL 60609

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market162

Property Features for 4606 S Ashland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Ashland Avenue North or South to 4606.
Subdivision CHI - New City
Standard status Active
APN 20064250180000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4840

Utilities

Cooling system Central Air

Amenities

roof deck

Building Details

Year built 1911
Floors in Building 2
Number of units 3
Listing Agency: Keller Williams Preferred Realty · Keller Williams Realty
Listed By: Anthony Lucio · License #475165960
Added: Mar 21 Changed: Aug 20 Last Checked: Aug 29 at 8:06PM
MLS# 12593910

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property contains a 2,000 square foot first-floor commercial space, a second-floor 2BR/2BA apartment, and a studio apartment with direct access to an outdoor roof patio. The building also features modern exposed brick, a walk-out roof deck, central air, and a new roof. Constructed in 1911, the property has received substantial system upgrades, including 1.5-inch copper water service, new cast iron and copper plumbing, 200-amp electrical service, separate meters and electrical panels, new gas lines and meters, a new staircase, and fireproof steel doors.

The building fronts Ashland Avenue in Chicago’s Back of the Yards area, where the cited daily traffic count is 20,100. It is four doors from a new proposed library and sits within the United Yards project area, which is already in progress. The parcel measures 0.1119 acres and carries COMMR zoning.

Key Highlights

  • 2,000 square foot commercial space on the first floor
  • 2BR/2BA apartment plus a studio apartment
  • Outdoor roof patio and walk‑out roof deck

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
20,100 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 35% Groceries 14% Apparel 5%
McDonald's Dining
31,643 visits/mo 0.5 miles
McDonald's Dining
29,351 visits/mo 0.2 miles
Aldi Groceries
27,298 visits/mo 0.2 miles
Bank of America Shops & Services
15,073 visits/mo 0.4 miles
BP Shops & Services
15,025 visits/mo 0.1 miles

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit property combining commercial space, apartments, and outdoor roof access with updated building systems.
Where is this mixed-use property located?
The property is located at 4606 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,000 square foot commercial space on the first floor; 2BR/2BA apartment plus a studio apartment; Outdoor roof patio and walk‑out roof deck
More about this property
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