Mixed-Use Building with
New
For Sale
$410,000
4817 S Ashland Avenue, Chicago, IL 60609
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.05 Acres
Days on Market1
Property Features for 4817 S Ashland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RTAIL
Directions
Take I55 to Ashland go south to 4817.
Subdivision
CHI - New City
Standard status
Active
APN
20081080050000
Lot size
0.05 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6132
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Cooling system
Central Air
Building Details
Year built
1893
Floors in Building
2
Number of units
3
Building materials
Brick
Listing Agency:
RE/MAX Mi Casa · RE/MAX International
Listed By:
Ubaldo Garcia · License #471001599
(773) 767-1616
Added: Oct 31
Last Checked: Oct 31 at 7:06PM
MLS# 12798599
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.
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Investment Insights
Based on property information with market context.
This brick mixed-use building contains a general store at street level and two apartments on the second floor. Built in 1893, the property has central air, water available, and public sewer service. The lot measures 0.0522 acres, and the zoning designation is RTAIL.
The property is at South Ashland Avenue and 47th Street in Chicago. The surrounding area has received TIF funding, and the city is working on programs intended to support a phased mixed-use and affordable housing development in New City.
The property is at South Ashland Avenue and 47th Street in Chicago. The surrounding area has received TIF funding, and the city is working on programs intended to support a phased mixed-use and affordable housing development in New City.
Key Highlights
- Two second‑floor apartments above a ground‑floor general store
- Brick building constructed in 1893
- 0.0522‑acre lot
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,156
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 34%
Groceries 20%
Apparel 8%
McDonald's
Dining
29,351 visits/mo
0.3 miles
Aldi
Groceries
27,298 visits/mo
0.2 miles
BP
Shops & Services
15,025 visits/mo
0.4 miles
Marshalls
Apparel
10,573 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,222 visits/mo
0.3 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor general store is paired with two apartments on the upper level.
Where is this mixed-use property located?
The property is located at 4817 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two second‑floor apartments above a ground‑floor general store; Brick building constructed in 1893; 0.0522‑acre lot
