Brick Mixed-Use Building with
For Sale
$475,000
4606 S Ashland Avenue, Chicago, IL 60609
COMMERCIAL - Chicago, IL
Lot Size0.11 Acres
Days on Market134
Property Features for 4606 S Ashland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Ashland Avenue North or South to 4606.
Subdivision
CHI - New City
Standard status
Active
APN
20064250180000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4840
Utilities
Cooling system
Central Air
Building Details
Year built
1911
Floors in Building
2
Number of units
3
Listing Agency:
Keller Williams Preferred Realty · Keller Williams Realty
(708) 798-1111
Listed By:
Anthony Lucio · License #475165960
(708) 798-1111
Added: Mar 21
Changed: Jun 15
Last Checked: Aug 1 at 12:06PM
MLS# 12593910
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautiful blonde brick 3-unit building includes a 2,000 Sq Ft commercial space on the first floor, a second-floor 2BR/2BA apartment that overlooks Ashland Avenue, and a studio apartment with a sliding door to an outdoor roof patio. Recent updates include an upgraded 1.5" copper water system, new cast iron/copper plumbing, and an upgraded 200-amp electric service with new meters and electrical panels. Additional work includes new gas lines and meters for all units, a new staircase, fireproof steel doors, modern exposed brick, a walk-out roof deck, and a new roof.
The property is located in the heart of the United Yards project that is already in progress, with the building positioned on busy Ashland Avenue in Back of the Yards (20,100 daily traffic count cited). The building is also described as being four doors down from a new proposed library.
For tenants or buyers seeking a mixed-use setup, the configuration supports a ground-floor retail or office component with residential units above and a usable outdoor roof patio for the studio apartment. The extensive system and life-safety improvements highlighted in the recent updates are intended to support long-term usability across both the commercial and residential components.
The property is located in the heart of the United Yards project that is already in progress, with the building positioned on busy Ashland Avenue in Back of the Yards (20,100 daily traffic count cited). The building is also described as being four doors down from a new proposed library.
For tenants or buyers seeking a mixed-use setup, the configuration supports a ground-floor retail or office component with residential units above and a usable outdoor roof patio for the studio apartment. The extensive system and life-safety improvements highlighted in the recent updates are intended to support long-term usability across both the commercial and residential components.
Key Highlights
- 2,000 Sq Ft Commercial space on the first Floor
- Located in the heart of the United Yards project
- Recent extensive updates: plumbing, electrical, gas lines, roof, staircase, and fireproof doors
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
20,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit building with first-floor commercial space and updated utilities, plus residential units with roof patio access.
Where is this mixed-use property located?
The property is located at 4606 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,000 Sq Ft Commercial space on the first Floor; Located in the heart of the United Yards project; Recent extensive updates: plumbing, electrical, gas lines, roof, staircase, and fireproof doors
