Mixed-Use Building with
New
For Sale
$410,000
4817 S Ashland Ave, Chicago, IL 60622
A general store occupies the ground level, with two apartments above.
Property Size5,550 SF
Price / SF$73.87
Days on Market7
Property Features for 4817 S Ashland Ave
General Information
Standard status
Active
Size
5,550 SF
Site & Location
Neighborhood
Back of the Yards
Mixed-Use Components
retail, residential
Additional Details
Business Included
Yes
Multifamily Units
2
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$6,132
Building Details
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
RE/MAX Mi Casa
Listed By:
Ubaldo Garcia · License #471001599
(773) 767-1616
Source:
Exprealty
Added: Oct 31
Changed: Nov 5
Last Checked: Nov 6 at 2:24PM
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 RE/MAX Mi Casa
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Investment Insights
Based on property information with market context.
This 5,550-square-foot mixed-use property in Chicago has a ground-floor general store and two apartments on the second floor. The store is currently operating, and the apartments provide a residential component to the building.
The property is on South Ashland Avenue at 47th Street. The surrounding area has received TIF funding, and the City is developing programs to assist a developer with a phased mixed-use and affordable housing project in New City.
The property is on South Ashland Avenue at 47th Street. The surrounding area has received TIF funding, and the City is developing programs to assist a developer with a phased mixed-use and affordable housing project in New City.
Key Highlights
- 5,550‑square‑foot mixed‑use property
- Operating general store at street level
- Two second‑floor apartments
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
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 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - A general store occupies the ground level, with two apartments above.
Where is this mixed-use property located?
The property is located at 4817 S Ashland Ave 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: 5,550‑square‑foot mixed‑use property; Operating general store at street level; Two second‑floor apartments
