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Retail Storefront with Restaurant Use
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4735 S ASHLAND AVE, Chicago, IL 60609

Storefront space suited for retail and service tenants, with flexibility for convenience and restaurant concepts.

Property Size1,560 SF
Price / SF$80.13
Days on Market66

Property Features for 4735 S ASHLAND AVE

General Information

Standard status Active
Size 1,560 SF
Class C
Property subtype Retail

Building Details

Year Built 1952
Stories 1
Units 1
Listing Agency: Mavrakis Properties
Listed By: Ted Mavrakis · License #IL
Source: Crexi
Added: Jun 9 Changed: Aug 8 Last Checked: Aug 12 at 11:46AM

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 Mavrakis Properties

Investment Insights

Based on property information with market context.

This offering is a retail storefront property totaling approximately 3,000 SF. The space is presented as a flexible location for neighborhood-serving businesses, with the property positioned to support a range of retail and light service uses. The current marketing notes also indicate compatibility with insurance, tax service, cellphone sales, convenience-oriented retail, and conventional restaurant operations.

The property is located at 4735 S Ashland Ave in Chicago, IL 60609. The listing also references an availability timing of 04/30/2026, which can be useful for tenants planning openings or operational transitions around that schedule.

For prospective tenants or buyers, the practical value here is the breadth of compatible use types called out in the materials, including retail, service counters, convenience formats, and restaurant concepts. Whether you are looking for a storefront for product sales or a space to support food service, the unit’s configuration and intended use profile may align well with operators seeking an established retail-style setting. Availability on 04/30/2026 should be factored into your timeline as you evaluate fit and next steps.

Key Highlights

  • Year built: 1952
  • Retail/storefront space totaling 3,000 SF
  • Available for retail plus service uses such as insurance, tax service, cellphone, convenience, or restaurant

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Tech Support Center Catering 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

1,192
Businesses Nearby
148k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 36% Groceries 18% Apparel 7%
McDonald's Dining
29,351 visits/mo 0.2 miles
Aldi Groceries
27,298 visits/mo 0.1 miles
BP Shops & Services
15,025 visits/mo 0.3 miles
Marshalls Apparel
10,573 visits/mo 0.3 miles
Dollar Tree Shops & Services
10,222 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Retail space - Storefront space suited for retail and service tenants, with flexibility for convenience and restaurant concepts.
Where is this retail space located?
The property is located at 4735 S ASHLAND AVE Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Year built: 1952; Retail/storefront space totaling 3,000 SF; Available for retail plus service uses such as insurance, tax service, cellphone, convenience, or restaurant
More about this property
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