Two-Story Office Building with Daycare
4748 South Ashland Avenue Chicago, IL 60609
4748 South Ashland Avenue, Chicago, IL, 60609
$685,000
For Sale
$685,000
Two-story building on five city lots with long-term daycare tenant and vacant second floor ready for build-out.
Property Size13,718 SF
Price / SF$49.93
Days on Market223
Property Features for 4748 South Ashland Avenue
General Information
- Standard status
- Active
- Size
- 13,718 SF
Building Details
- Year Built
- 1912
Listing agency
Great Lakes Realty Central Inc
(773) 905-4848
Listed by
Lukasz Kristen
(773) 905-4848
Source
Compass
Added: Dec 12, 2025 Updated: Jul 22 at 3:26PM Checked: Jul 22 at 3:26PM
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 Great Lakes Realty Central Inc
Investment Insights
Based on property information with market context.
Located at 4748 South Ashland Avenue in Chicago, this two-story building totals 10,984 SF and sits on five city lots. The first floor includes a long-term daycare tenant and a spacious, versatile layout, while approximately 5,450 SF of the second floor is vacant and ready to build out. The property also includes three vacant lots suitable for new construction retail, parking, or both, and the off-street parking potential is described as ample.
The site has 124 ft of frontage on Ashland Avenue and is at the corner of 48th Street, providing prominent access and visibility. The building was gut rehabbed from a shell and is described as in superb condition with modern mechanicals.
With multiple components—existing income on the first floor, a vacant second floor for customization, and additional lots for new construction—the property is positioned for development flexibility alongside current rental income.
The site has 124 ft of frontage on Ashland Avenue and is at the corner of 48th Street, providing prominent access and visibility. The building was gut rehabbed from a shell and is described as in superb condition with modern mechanicals.
With multiple components—existing income on the first floor, a vacant second floor for customization, and additional lots for new construction—the property is positioned for development flexibility alongside current rental income.
Key Highlights
- 10,984 SF, two‑story building on 5 city lots (built 1912) with 124 ft frontage on S Ashland Ave
- Daycare tenant in place on the first floor with long‑term occupancy
- 5,450 SF vacant second floor ready for build‑out (offices, medical, apartments, gym or other uses)
Property Analytics
Location Intelligence
Current Use by Public Records
Kreative Kids Academy ...
Daycare Center
Similar For Sale Nearby
Similar Off Market Nearby
- BABYCJ LLC — 5357 S Laflin St SUITE 1, Chicago, IL 60609
- Cerran — S Ashland Ave, Chicago, IL 60609
- Greenlee place — 5245 S Winchester Ave, Chicago, IL 60609
- Pequenos Giants Academy Child Care — 1935 W 51st St, Chicago, IL 60609
- Metropolitan Family Services Learning and Wellness Center — 5338 S Loomis Blvd, Chicago, IL 60609
FAQs
What type of property is this?
Day care center - Two-story building on five city lots with long-term daycare tenant and vacant second floor ready for build-out.
Where is this day care center located?
The property is located at 4748 South Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 10,984 SF, two‑story building on 5 city lots (built 1912) with 124 ft frontage on S Ashland Ave; Daycare tenant in place on the first floor with long‑term occupancy; 5,450 SF vacant second floor ready for build‑out (offices, medical, apartments, gym or other uses)
