Neighborhood Retail Strip
4751-4765 South Ashland Avenue Chicago, IL 60609
4751-4765 South Ashland Avenue, Chicago, IL, 60609
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For Sale
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Strip center with five retail units, including one larger space that may be subdivided into four units.
Property Size9,760 SF
Days on Market104
Property Features for 4751-4765 South Ashland Avenue
General Information
- Standard status
- Active
- Size
- 9,760 SF
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Chicago Downtown
(224) 619-6808
Listed by
Brian Parmacek · License #IL 475.132220
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 1:42AM Checked: Jul 21 at 9:52AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
This retail strip center includes five total units, four of which are described as 1,230 square feet, plus a larger 4,840-square-foot unit. The larger unit can be divided into four separate units, which may support flexibility as leases roll. The property also includes a roof replacement completed in 2016.
The center is located at 4751–4765 South Ashland Avenue in Chicago, Illinois, and is positioned among a mix of national retailers, including Walmart, Family Dollar, Aldi, McDonald’s, Foot Locker, and Walgreens.
For investors or owner-users evaluating leasing and occupancy, the current offering is noted as 87% occupied with established retail/service tenants, with remaining space available for lease-up.
The center is located at 4751–4765 South Ashland Avenue in Chicago, Illinois, and is positioned among a mix of national retailers, including Walmart, Family Dollar, Aldi, McDonald’s, Foot Locker, and Walgreens.
For investors or owner-users evaluating leasing and occupancy, the current offering is noted as 87% occupied with established retail/service tenants, with remaining space available for lease-up.
Key Highlights
- Chicago strip center at 4751‑4765 S Ashland Ave with 5 retail units totaling 87% occupancy
- Four units are 1,230 SF plus one larger 4,840 SF unit
- 4,840 SF unit can be divided into four separate units as leases roll
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
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FAQs
What type of property is this?
Strip mall - Strip center with five retail units, including one larger space that may be subdivided into four units.
Where is this strip mall located?
The property is located at 4751-4765 South Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Chicago strip center at 4751‑4765 S Ashland Ave with 5 retail units totaling 87% occupancy; Four units are 1,230 SF plus one larger 4,840 SF unit; 4,840 SF unit can be divided into four separate units as leases roll