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Storefront with Full Basement
For Sale
$350,000

4934 S Ashland Avenue, Chicago, IL 60609

B3-2 zoning and a full basement support commercial use with additional storage or operational space.

Property Size3,740 SF
Price / SF$93.58
Days on Market66

Property Features for 4934 S Ashland Avenue

General Information

Standard status Active
Size 3,740 SF
Property subtype COMMERCIAL
Zoning B3-2

Site & Location

Neighborhood Back of the Yards

Taxes and HOA fees

Annual Taxes $19,155

Building Details

Building Size 3,740 SF
Year Built 1947
Buildings 1
Listing Agency: Compass
Listed By: Brad Lippitz Group
Source: Bradlippitz
Added: Aug 23 Changed: Oct 26 Last Checked: Oct 26 at 2:11PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This 3,740-square-foot storefront property includes a full basement and was built in 1947. The basement adds storage and operational space to the building.

The property is on S Ashland Avenue in Chicago’s Back of the Yards area. Its B3-2 Community Shopping District zoning supports a range of uses, including retail, service businesses, offices, and restaurants.

Key Highlights

  • 3,740‑square‑foot storefront building
  • Full basement provides additional storage and operational space
  • B3‑2 Community Shopping District zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Computer & Electronic Repair HVAC Service Gym & Fitness Center

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

1,120
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 29% Groceries 26%
McDonald's Dining
29,351 visits/mo 0.4 miles
Aldi Groceries
27,298 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,222 visits/mo 0.4 miles
Little Caesars Pizza Dining
8,946 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
7,900 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Gatita's Flowers — 1833 W 51st St, Chicago, IL 60609
  • Parrish Creation & Investment — 1110 W 50th St, Chicago, IL 60609
  • El Mercado La Candelaria — 1648 W 47th St, Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Storefront property - B3-2 zoning and a full basement support commercial use with additional storage or operational space.
Where is this storefront property located?
The property is located at 4934 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,740‑square‑foot storefront building; Full basement provides additional storage and operational space; B3‑2 Community Shopping District zoning
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