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    Restaurant and Storefront Building Title is generated by Realmo AI

    8416 S Ashland Avenue, Chicago, IL 60620

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    Claim this Listing
    For Sale
    Under Contract
    $199,900

    COMMERCIAL - Chicago, IL

    Type:Retail
    Property size:
    2,134 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $93/SF
    Added:
    Dec 15, 2024
    Days on Market:
    542
    Last Refresh:
    Jun 10 at 6:06 am

    Property Features for 8416 S Ashland Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    COMMR
    Standard status
    Active Under Contract
    APN
    20314140290000
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    12112

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1949
    Floors in Building
    1
    Building materials
    Brick

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    Listing Contact
    Amy Izzo

    Listing agent Amy Izzo License #475172618

    Listing office eXp Realty 939 W. North Avenue, # 750, Chicago, IL

    Listing date Dec 15, 2024

    MLS# 12211050

    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.

    HighLights

    • Brick building with 2,134 sq. ft. of versatile space for a new business or business expansion
    • Central air cooling
    • Year built: 1949

    Overview

    This for-sale property is a 2,134-square-foot building designed to support restaurant and storefront concepts. The site is set on a 0.062-acre lot and is located under COMMR zoning, offering a flexible platform for an operator looking to establish a new business or expand an existing operation.

    The property is located at 8416 S Ashland Avenue in Chicago, IL 60620, and fronts a busy street. It is positioned for visibility from passing traffic, which can be an important consideration for retail and foodservice users that rely on walk-by and drive-up exposure.

    For tenants, buyers, or investors, this building’s combination of restaurant-oriented positioning and storefront functionality can support a range of foodservice and commercial uses that fit within the COMMR zoning framework. As a standalone asset, it may also appeal to operators seeking a dedicated location rather than a shared space. For sale and sized to accommodate a modest, single-building footprint, it is worth considering for those evaluating Chicago storefront and conventional restaurant opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6635777
    Latitude
    41.7407203

    FAQs

    What type of property is this?
    Conventional restaurant - For-sale building sized for restaurant or storefront use, positioned on a busy street.
    Where is this conventional restaurant located?
    The property is located at 8416 S Ashland Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Brick building with 2,134 sq. ft. of versatile space for a new business or business expansion; Central air cooling; Year built: 1949
    More about this property
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