Leased Retail Property with Extended
For Sale
Contact for pricing
9244 S Ashland Ave, Chicago, IL 60620
Storefront retail property secured by a recently signed lease extension through January 31, 2032.
Property Size9,026 SF
Days on Market71
Property Features for 9244 S Ashland Ave
General Information
Standard status
Active
Size
9,026 SF
Property subtype
RETAIL
Listing Agency:
DarwinPW Realty/CORFAC International
(630) 993-3851
Listed By:
Marc Hale
(312) 722-1435
Source:
Moodyscre
Added: Jun 11
Changed: Aug 16
Last Checked: Aug 19 at 12:24PM
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 for-sale retail property is an income-producing storefront asset totaling 9,026 square feet. The current lease structure includes a recently signed extension, with the term expiring January 31, 2032, plus two options to extend.
The property is located at 9244 S Ashland Ave in Chicago, IL 60620. Full lease financials are available upon request for qualified buyers and brokers.
For prospective buyers, this offering provides a long-dated tenancy with defined extension rights already built into the lease. The presence of two additional extension options may help planning for long-range operating continuity, subject to the terms of the lease and options.
The property is located at 9244 S Ashland Ave in Chicago, IL 60620. Full lease financials are available upon request for qualified buyers and brokers.
For prospective buyers, this offering provides a long-dated tenancy with defined extension rights already built into the lease. The presence of two additional extension options may help planning for long-range operating continuity, subject to the terms of the lease and options.
Key Highlights
- Storefront retail property secured by a recently signed lease extension
- Current lease term expires January 31, 2032
- Includes 2 options to extend the lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Groceries 29%
Shops & Services 25%
Electronics 1%
Jewel-Osco
Groceries
46,069 visits/mo
0.1 miles
McDonald's
Dining
25,264 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,580 visits/mo
0.1 miles
Starbucks
Dining
11,941 visits/mo
0.2 miles
Dunkin' Donuts
Dining
10,261 visits/mo
0.3 miles
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Storefront retail property secured by a recently signed lease extension through January 31, 2032.
Where is this retail space located?
The property is located at 9244 S Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Storefront retail property secured by a recently signed lease extension; Current lease term expires January 31, 2032; Includes 2 options to extend the lease
