Shadow-Anchored Retail
For Sale
Contact for pricing
Pending
6940 S Ashland Ave, Chicago, IL 60636
Multi-tenant retail center built in 2007, shadow anchored by Food-4-Less and 75% leased by national retailers.
Property Size38,864 SF
Days on Market111
Property Features for 6940 S Ashland Ave
General Information
Standard status
Pending
Size
38,864 SF
Property subtype
Retail
Occupancy
75%
Additional Details
Business Included
Yes
Traffic Count
29,000 vehicles/day
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 29 at 9:07AM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This newer multi-tenant retail center was constructed in 2007 and totals 38,864 square feet. The property is shadow anchored by Food-4-Less and is currently 75% leased, with a tenant mix that includes Chase Bank, Rent-A-Center, Foot Locker, GameStop, Liberty Tax, and Subway, among others.
The center occupies the southwest corner of a signalized intersection at Ashland Avenue and 69th Street and offers visibility to approximately 29,000 VPD.
The offering includes a Bank of America ground lease with a term through 6/30/2026.
The center occupies the southwest corner of a signalized intersection at Ashland Avenue and 69th Street and offers visibility to approximately 29,000 VPD.
The offering includes a Bank of America ground lease with a term through 6/30/2026.
Key Highlights
- Multi‑tenant retail center built in 2007 with 38,864 SF shadow‑anchored by Food‑4‑Less
- Currently 75% leased to a mix of national retailers including Chase Bank, Rent‑A‑Center, Foot Locker, GameStop, Liberty Tax, and Subway
- Located at the southwest corner of Ashland Avenue and 69th Street in Chicago at a signalized intersection
Property Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 86%
Shops & Services 14%
Food 4 Less
Groceries
46,324 visits/mo
0.2 miles
BP
Shops & Services
7,702 visits/mo
0.2 miles
Demographics for 60636, IL
34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center built in 2007, shadow anchored by Food-4-Less and 75% leased by national retailers.
Where is this shopping center located?
The property is located at 6940 S Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Multi‑tenant retail center built in 2007 with 38,864 SF shadow‑anchored by Food‑4‑Less; Currently 75% leased to a mix of national retailers including Chase Bank, Rent‑A‑Center, Foot Locker, GameStop, Liberty Tax, and Subway; Located at the southwest corner of Ashland Avenue and 69th Street in Chicago at a signalized intersection
