4940 S Ashland Avenue Chicago, IL ^$ 199,999

4940 S Ashland Avenue

^$ 199,999

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Recently Listed

4940 S Ashland Avenue

Chicago, IL, 60609

^$ 199,999

Bedrooms-- Baths-- Sq 2,247

Monthly Estimate*

^$ 1,231

4940 S Ashland Avenue, Chicago, IL 60609 - Image 1

4940 S Ashland Avenue, Chicago, IL 60609 - Image 2

4940 S Ashland Avenue, Chicago, IL 60609 - Image 3

4940 S Ashland Avenue, Chicago, IL 60609 - Image 4

4940 S Ashland Avenue, Chicago, IL 60609 - Image 5

4940 S Ashland Avenue, Chicago, IL 60609 - Image 6

4940 S Ashland Avenue, Chicago, IL 60609 - Image 7

4940 S Ashland Avenue, Chicago, IL 60609 - Image 8

4940 S Ashland Avenue, Chicago, IL 60609 - Image 9

Commercial Property for sale in Chicago, IL

for $199,999. This 2,247 square foot building was built in 1912 on a lot size of 0.063131.

Introducing a standout commercial offering perfect for retailers, service providers, and entrepreneurs seeking strong exposure and consistent foot traffic. This well-appointed retail storefront building combines functionality with exceptional visibility, making it an ideal home for a wide range of business uses. Boasting a welcoming storefront with large display windows, the property delivers excellent street presence and natural light throughout. The flexible interior layout allows for easy customization-perfect for showrooms, boutique retail, specialty shops, professional services, or a branded flagship location. Schedule your private showing now!

Commercial Active

Price

^$ 199,999

Property Type

Commercial

Taxes

^$ 10,894

Style

Lot Size

0.063131

Year Built

1912

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12530280

Features

General

Cooling None

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1912

Electric Circuit Breakers

Stories Count 1

Property Subtype Other

Tax Year 2024

Current Use Other

Assoc Fee Paid Per Annually

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions South of 49th St North of 50th St West of Justine St East of Marshfield Ave

City Chicago

MLS Area CHI - New City

Lot Size Square Feet 2750

Tax Annual Amount 10894.24

Additional Parcels Y/N N

Leasable Area 0

Standard Status Active

Exterior

Building Area Total 2247

Lot Dimensions 2247

Frontage Type City Street Public Road Alley Access

* Excluded Features

List By

Smart Home Realty

Broker

jorge.torrescano1027@gmail.com

Affordability Calculator

$2,139

Per Month

Monthly Principal & Interest: $1,231
Monthly Property Taxes: $908
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,015,547

Percent of Sale Price 408%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/6/2026	$199,999		Listed Price

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4940 S Ashland Avenue, Chicago, IL, 60609 is a Commercial Property for sale at $199,999 with 2,247 sqft and a lot size of 0.063131. 4940 S Ashland Avenue was built in 1912. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 1/11/2026.

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4940 S Ashland Avenue

Commercial Property for sale in Chicago, IL

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