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Fully Leased Retail Storefront
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9244 South Ashland Avenue, Chicago, IL 60620

A fully leased storefront with a recently signed long-term tenant extension along Ashland Avenue for strong visibility and access.

Property Size9,026 SF
Days on Market71

Property Features for 9244 South Ashland Avenue

General Information

Standard status Active
Size 9,026 SF
Property subtype Retail
Occupancy 100%

Building Details

Building Size 9,026 SF
Listing Agency: DarwinPW Realty/CORFAC International
Listed By: Marc Hale
Source: Corfac
Added: Jun 11 Changed: Aug 14 Last Checked: Aug 14 at 6:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DarwinPW Realty/CORFAC International

Investment Insights

Based on property information with market context.

This fully leased retail investment opportunity is positioned as a storefront in Chicago’s Irving Park/Albany Park corridor on the Northwest Side. The property is described as having a long-term extension recently signed, with the space currently occupied under lease.

The location is along the busy Ashland Avenue corridor at 9244 South Ashland Avenue, Chicago, IL 60620. The offering highlights visibility, steady traffic, and excellent accessibility as key attributes of the site.

For tenants, this configuration supports an operating presence on a major commercial corridor with established curb appeal and accessibility. For investors or owner-operators, the value of the asset centers on the fact that it is fully leased and includes a recently executed long-term extension, providing continuity for the current occupancy. As presented, this is a straightforward retail storefront offering for buyers seeking an income-producing property on Ashland Avenue.

Key Highlights

  • Fully leased storefront investment property
  • Recently signed long‑term tenant extension
  • Located along Ashland Avenue corridor

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby
159k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Groceries 29% Shops & Services 25% Electronics 1%
Jewel-Osco Groceries
46,069 visits/mo 0.1 miles
McDonald's Dining
25,264 visits/mo 0.3 miles
Dollar Tree Shops & Services
12,580 visits/mo 0.1 miles
Starbucks Dining
11,941 visits/mo 0.2 miles
Dunkin' Donuts Dining
10,261 visits/mo 0.3 miles

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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?
Retail space - A fully leased storefront with a recently signed long-term tenant extension along Ashland Avenue for strong visibility and access.
Where is this retail space located?
The property is located at 9244 South Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Fully leased storefront investment property; Recently signed long‑term tenant extension; Located along Ashland Avenue corridor
More about this property
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