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Mixed-Use Retail Storefront
For Sale
$100,000

7157 South Ashland Avenue, Chicago, IL 60636

Storefront property on a main street, offered for sale and requiring full rehabilitation.

Property Size3,084 SF
Price / SF$32.43
Days on Market575

Property Features for 7157 South Ashland Avenue

General Information

Standard status Active
Size 3,084 SF
Zoning OTHER

Taxes and HOA fees

Annual Taxes $1,266

Building Details

Year Built 1906
Stories 2
Listing Agency: Urbanitas Inc.
Listed By: Ibis Lemus · License #475180947
Source: Compass
Added: Jan 23, 2025 Changed: Aug 8 Last Checked: Jul 21 at 4:20AM

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 Urbanitas Inc.

Investment Insights

Based on property information with market context.

This mixed-use property features a storefront on a main street. The building is described as needing full rehab, making it best suited for buyers looking for a hands-on renovation project.

The property is located at 7157 South Ashland Avenue in Chicago, Illinois. It is positioned as a retail-facing asset with street-level storefront use.

For sale in its current condition, the property offers a straightforward retail storefront configuration with mixed-use character, subject to rehabilitation.

Key Highlights

  • Mixed‑use storefront property on a main street
  • Year built: 1906
  • Property requires full rehabilitation

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 64% Shops & Services 28% Dining 7%
Food 4 Less Groceries
46,324 visits/mo 0.2 miles
Walmart Neighborhood Market Groceries
43,331 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,511 visits/mo 0.4 miles
Burger King Dining
10,147 visits/mo 0.5 miles
AutoZone Shops & Services
9,740 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

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?
Storefront property - Storefront property on a main street, offered for sale and requiring full rehabilitation.
Where is this storefront property located?
The property is located at 7157 South Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Mixed‑use storefront property on a main street; Year built: 1906; Property requires full rehabilitation
More about this property
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