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Renovated Retail and Restaurant Space

5017 S Ashland Avenue Chicago, IL 60609

Claim this Listing
For Sale
$115,000

COMMERCIAL - Chicago, IL

Type:Retail
Added:
May 30, 2026
Days on Market:
44
Last Refresh:
Jul 12 at 1:06 am

Property Features for 5017 S Ashland Avenue

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
RTAIL
Standard status
Active
APN
20081240080000

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
5920

Utilities

Cooling system
Ceiling Fan(s)

Building Details

Year built
1952
Floors in Building
1

Listing agent Anna Chacon License #475183966

Listing office Charles Rutenberg Realty of IL 3135 Book Road, Naperville, IL

Listing date May 30, 2026

MLS# 12663019

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.


Investment Insights

Based on property information with market context.

This just-renovated commercial storefront is vacant and move-in ready, offering a clean, upgraded interior throughout. Improvements include fresh paint, upgraded wall finishes, and brand-new flooring, creating a turnkey environment for an incoming tenant or operator. The property is available for showings with just 2 hours’ notice, making it practical for scheduled tours.

The asset is located in a high-traffic area and is just minutes from I-55, supporting convenient access for customers and staff. Its surrounding context includes established businesses, contributing to visibility and an active local commercial setting.

With B3-2 zoning classification referenced in the offering, the space is presented as a versatile option for retail stores, restaurants, offices, or a mixed-use concept that may include residential units on upper floors. This combination of a recently updated interior and adaptable potential can fit a range of investors and growing operators looking for a ready-to-occupy location in a commercially active area.

Key Highlights

  • Just renovated commercial property, currently vacant and move‑in ready
  • B3‑2 zoning classification
  • Upgraded wall finishes, fresh paint, and brand‑new flooring throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Nursing Home Home Appliance Store Tanning Salon Nursing Home (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Locksmith Carpet & Flooring Store Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

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

FAQs

What type of property is this?
Storefront property - Move-in ready storefront with fresh finishes and new flooring, positioned for strong commercial visibility and flexible use.
Where is this storefront property located?
The property is located at 5017 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Just renovated commercial property, currently vacant and move‑in ready; B3‑2 zoning classification; Upgraded wall finishes, fresh paint, and brand‑new flooring throughout
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