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Freestanding Restaurant Building
For Sale
Contact for pricing
Pending

5020 S Ashland Avenue, Chicago, IL 60609

Single-tenant, single-story restaurant building with kitchen, dining area, and back storage space.

Property Size2,348 SF
Days on Market112

Property Features for 5020 S Ashland Avenue

General Information

Standard status Pending
Size 2,348 SF
Property subtype Retail

Site & Location

Traffic Count 14,600 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Stories 1
Tenancy Single
Listing Agency: Frontline Real Estate Partners
Listed By: Zack Pearlstein · License #IL 475168541
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 28 at 4:19PM

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 single-story, single-tenant restaurant building is currently vacant and offers 2,348 square feet of operating space. The interior layout includes a kitchen, dining room, and back storage area, suited for restaurant use.

The property has frontage along South Ashland Avenue and is positioned for visibility and exposure supported by approximately 14,600 VPD. It is also located within one mile of the Orange Line and within two miles of both I-90/94 and I-55.

Surrounding retail includes Walgreens, AutoZone, O’Reilly Auto Parts, and Metro PCS, among other nearby businesses. The seller is described as bank-owned and motivated.

Key Highlights

  • Single‑story, single‑tenant restaurant building with 2,348 SF and a layout that includes a kitchen, dining room, and back storage space
  • Freestanding commercial building with frontage along South Ashland Avenue and exposure to approximately 14,600 VPD
  • Currently vacant, offering an owner/user the chance to occupy the building

Property Analytics

Current Use

Lakeshore Cancer Care Medical Clinic Senior Helpers Home Health Care Service Nam Kim M.D. Physician Amazcakes Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Computer & Electronic Repair Cafe & Coffee Shop

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

14,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
4,429 visits/mo 0.3 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant, single-story restaurant building with kitchen, dining area, and back storage space.
Where is this conventional restaurant located?
The property is located at 5020 S Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Single‑story, single‑tenant restaurant building with 2,348 SF and a layout that includes a kitchen, dining room, and back storage space; Freestanding commercial building with frontage along South Ashland Avenue and exposure to approximately 14,600 VPD; Currently vacant, offering an owner/user the chance to occupy the building
(847) 780-8062 Call to check price and availability
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