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Retail Property For Auction
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Pending

5501 N Ashland Ave, Chicago, IL 60640

Retail property scheduled for auction 11/14–11/16 with a stated starting bid of $1,400,000.

Days on Market112

Property Features for 5501 N Ashland Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Matthews
Listed By: Daniel Gonzalez · License #SL3463209 (FL)
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 4:28AM

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 Matthews

Investment Insights

Based on property information with market context.

This retail property is being offered for sale via auction on 11/14–11/16 through RI Marketplace. The listing includes a stated starting bid of $1,400,000.

The property is located at 5501 N Ashland Ave in Chicago, IL 60640.

Additional details regarding the building layout, condition, size, or specific tenant configuration are not provided in the available information.

Key Highlights

  • Retail property coming to auction on 11/14–11/16 on RI Marketplace
  • Stated starting bid of $1,400,000

Property Analytics

Current Use

AmStar Gas Station Fifth Third Bank ... Bank Bitcoin of America ATM Atm Midwest Gas Station

Suggested Use

Top Pick Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Tattoo & Piercing 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.

Location Intelligence

Trade Area within ½ mile

3,512
Businesses Nearby
150k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 31% Shops & Services 29% Electronics 3%
Jewel-Osco Groceries
47,202 visits/mo 0.0 miles
McDonald's Dining
21,895 visits/mo 0.1 miles
Starbucks Dining
11,272 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
8,803 visits/mo 0.0 miles
U.S. Bank Shops & Services
7,811 visits/mo 0.2 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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?
Retail space - Retail property scheduled for auction 11/14–11/16 with a stated starting bid of $1,400,000.
Where is this retail space located?
The property is located at 5501 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Retail property coming to auction on 11/14–11/16 on RI Marketplace; Stated starting bid of $1,400,000
(239) 994-9643 Call to check price and availability
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