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B3-2-Zoned Commercial Lot
For Sale
$170,000

4948 S Ashland Ave, Chicago, IL 60609

Corner parcel on Ashland Avenue with B3-2 zoning and convenient public transit access.

Property SizeContact for details
Days on Market10

Property Features for 4948 S Ashland Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,307
Listing Agency: Realty of America, LLC
Listed By: Alexander Partida · License #475149866
Source: Exprealty
Added: Aug 27 Changed: Sep 3 Last Checked: Sep 4 at 2:38PM

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 Realty of America, LLC

Investment Insights

Based on property information with market context.

This commercial land parcel occupies a 50' x 110' corner lot totaling 5, 500 sq. ft. Its B3-2 Community Shopping District zoning supports a range of commercial and mixed-use development formats, including retail, service, office, financial, and multi-unit residential uses above ground-floor commercial space.

The property fronts Ashland Avenue in Chicago’s Back of the Yards footprint, a commercial corridor characterized by vehicle and pedestrian activity. Access to major thoroughfares and public transit adds connectivity for prospective commercial or mixed-use development.

Key Highlights

  • 50' x 110' corner lot totaling 5, 500 sq. ft.
  • B3‑2 Community Shopping District zoning
  • Ashland Avenue frontage in Chicago's Back of the Yards footprint

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Computer & Electronic Repair Gym & Fitness Center Cafe & Coffee Shop

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel on Ashland Avenue with B3-2 zoning and convenient public transit access.
Where is this commercial land located?
The property is located at 4948 S Ashland Ave Chicago, IL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 50' x 110' corner lot totaling 5, 500 sq. ft.; B3‑2 Community Shopping District zoning; Ashland Avenue frontage in Chicago's Back of the Yards footprint
More about this property
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