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Storefront Retail Space

5017 S Ashland Avenue, Chicago, IL 60609

For Lease
New
Contact for pricing

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market2

Property Features for 5017 S Ashland Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions Take Exit 290 from I-55, follow Ashland Ave south for about 2 miles.
Subdivision CHI - New City
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7424

Utilities

Cooling system Ceiling Fan(s)

Building Details

Year built 1952
Floors in Building 1
Listing Agency: Charles Rutenberg Realty
Listed By: Mariano Rotondo · License IL #475212550
Added: Nov 9 Last Checked: Nov 10 at 9:06AM
MLS# 12805148

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This vacant storefront at 5017 S Ashland Avenue has refreshed wall finishes, new flooring and ceiling fans. The building dates to 1952, and the space is offered for lease.

The property is in Chicago, IL 60609. Its interior updates and storefront configuration are the available physical details for evaluating the space.

Key Highlights

  • Vacant storefront space offered for lease
  • Updated wall finishes, fresh paint and new flooring
  • Ceiling‑fan cooling

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Nursing Home Home Appliance Store Tanning Salon (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,415
Businesses Nearby
146k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 27% Office Supplies 8% Electronics 1%
Chase Bank Shops & Services
15,345 visits/mo 0.4 miles
Staples Office Supplies
12,326 visits/mo 0.5 miles
Citibank Shops & Services
12,016 visits/mo 0.5 miles
Starbucks Dining
11,272 visits/mo 0.4 miles
Shell Shops & Services
8,883 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
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.09 /SF/Yr
Avg Asking Price
$10–$114 /SF/Yr
Price Range
3,749 SF
Avg Space Size

Average Price Trend$/SF/Yr for Storefront properties in Chicago, IL

$26.94 Jul
$29.05 Aug
$26.79 Sep
$25.54 Oct

Properties on Market for Storefront properties in Chicago

Jul
Aug
Sep
Oct

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

  • Beautyberry Designs — 4452 N Ashland Ave, Chicago, IL 60640
  • Christmas Tree 🎄 Lot — 2018 W Lawrence Ave, Chicago, IL 60625
  • Yera's Lake View Florist — 1909 W Foster Ave, Chicago, IL 60640
  • Clark Blooms — 5145 N Clark St, Chicago, IL 60640
  • The Green Goose Shop — 5238 N Clark St, Chicago, IL 60640

Frequently Asked Questions

What type of property is this?
Storefront property - The vacant interior features updated wall finishes, fresh paint, new flooring and ceiling-fan cooling.
Where is this storefront property located?
The property is located at 5017 S Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Vacant storefront space offered for lease; Updated wall finishes, fresh paint and new flooring; Ceiling‑fan cooling
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