Fenced Former Bank
For Sale
Contact for pricing
5140 S Ashland Ave, Chicago, IL 60609
Former bank building with full basement and on-site parking at both north and south ends.
Property Size7,700 SF
Price / SF$97.40
Days on Market342
Property Features for 5140 S Ashland Ave
General Information
Standard status
Active
Size
7,700 SF
Property subtype
OFFICE
Additional Details
Fenced Yard
Yes
Listing Agency:
DarwinPW Realty/CORFAC International
(773) 677-6472
Listed By:
Laura Perlman · License #475186095
(773) 677-6472
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Jul 25
Last Checked: Jul 25 at 4:22AM
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 DarwinPW Realty/CORFAC International
Investment Insights
Based on property information with market context.
This fully fenced and gated former bank building offers a 12,000 SF footprint with a full basement. The space can be configured as a two-tenant building or operated as a single-tenant facility.
The property sits on a 200’ x 108’ site made up of 6 parcels (8 city lots) with parking on both the north and south ends of the building. It is located on busy Ashland Avenue.
The combination of the gated yard, flexible tenant configuration, and dedicated parking positioning supports a range of light commercial and office uses, subject to applicable approvals.
The property sits on a 200’ x 108’ site made up of 6 parcels (8 city lots) with parking on both the north and south ends of the building. It is located on busy Ashland Avenue.
The combination of the gated yard, flexible tenant configuration, and dedicated parking positioning supports a range of light commercial and office uses, subject to applicable approvals.
Key Highlights
- Former bank building totaling 12,000 SF with a full basement
- 8 city lots (200' x 108') on 6 parcels; fully fenced and gated property
- Building can operate as a single tenant or be divided into a 2‑tenant building
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Former bank building with full basement and on-site parking at both north and south ends.
Where is this bank located?
The property is located at 5140 S Ashland Ave Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Former bank building totaling 12,000 SF with a full basement; 8 city lots (200' x 108') on 6 parcels; fully fenced and gated property; Building can operate as a single tenant or be divided into a 2‑tenant building
