Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5017 S Ashland Ave Chicago, IL 60609

    For Lease
    $12 SF/Yr ($1,282 /Mo)

    Other - Chicago, IL

    Property size:
    1,282 SF
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 5017 S Ashland Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL
    Size
    1,282 SF

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1952
    Architectural style
    Other

    Charles Rutenberg Realty (630) 929-1100 [email protected]

    Listing agent Anna Chacon (630) 929-1100 License #475183966

    Listing date Nov 26, 2025

    MLS# 12524637 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Retail Space in Chicago

    This newly renovated storefront, located in Chicago, offers commercial potential under its B3-2 zoning classification. The property features upgraded wall finishes, fresh paint, and new flooring. The space is vacant and move-in ready. Situated in a high-traffic corridor minutes from I-55, the location provides accessibility and visibility. The property is surrounded by established businesses, ensuring customer flow and neighborhood presence. The 1282 square-foot space is suitable for retail shops, restaurants, professional offices, or mixed-use concepts with residential units above.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6690913
    Latitude
    41.9729907

    Nearby Similar for Lease

    • $24 SF/Yr
      6,970 SF

      Distinctive South Loop Office Space

      Versatile commercial space in Chicago's South Loop.
      819 S Wabash Ave, Chicago, IL 60605
      View Details
    • $35 SF/Yr

      Modern Office Building with Rooftop

      Newly constructed office building with a full-floor rooftop retreat.
      1290 N Clybourn Ave, Chicago, IL 60610
      View Details
    • $25 SF/Yr

      Prime Retail Space on North Avenue

      Adaptable retail space in a vibrant Chicago mixed-use district.
      1720 W North Ave, Chicago, IL 60622
      View Details
    • New
      $40 SF/Yr

      Condominium in Chicago, IL

      Condominium for rent in Chicago, Illinois.
      816 W Cullerton St, Chicago, IL 60608
      View Details
    • $20 SF/Yr

      Remodeled Office Space in Chicago

      Remodeled office space for rent in Chicago's Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • $35 SF/Yr
      Pending

      Turnkey Restaurant Space in Logan Square

      1400 SF restaurant with fully built-out kitchen and outdoor patio.
      1858 N Western Ave, Chicago, IL 60647
      View Details

    FAQs

    What type of property is this?
    Retail space - Move-in ready retail space with high visibility and accessibility.
    Where is this retail space located?
    The property is located at 5017 S Ashland Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in a high-traffic corridor minutes from I-55, offering excellent accessibility and visibility.; - Newly renovated with upgraded wall finishes, fresh paint, and brand-new flooring.; - B3-2 zoning allows for retail shops, restaurants, professional offices, or mixed-use concepts.
    (630) 929-1100
    Request Owner's contact information
    5017 S Ashland Ave Chicago, IL 60609
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5017 S Ashland Ave
    Chicago, IL 60609
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5017 S Ashland Ave Chicago, IL 60609
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.