Restaurant and Storefront Building

8416 S Ashland Avenue Chicago, IL 60620

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:
574
Last Refresh:
Jul 12 at 5:06 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

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

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
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