4817 S Ashland Avenue Chicago, IL ^$ 410,000

4817 S Ashland Avenue

^$ 410,000

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4817 S Ashland Avenue

Chicago, IL, 60609

^$ 410,000

Bedrooms-- Baths-- Sq 5,550

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Property for Rent in Chicago, IL

for $410,000. This 5,550 square foot property was built in 1893 on a lot size of 0.052227.

Great commercial building in a prime location on South Ashland Avenue at 47th Street! Currently operating as a general store, the property also features two second-floor apartments that generate additional income. The area has received TIF funding, and the City is working on programs to support a developer in creating a multi-phase, mixed-use and affordable housing development in the New City neighborhood. The seller is ready to retire and pass the business on to its next owner. Schedule your appointment today!

Rental Active

Price

^$ 410,000

Taxes

^$ 6,132

Style

Commercial

Lot Size

0.052227

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12798599

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Electric to Site Natural Gas Nearby Natural Gas Available Sewer Connected Water Available

Zoning RTAIL

Construction Materials Brick

Year Built 1893

Electric Separate Meters Service - 0 to 100 Amps

Tenant Pays Electricity Heat

Stories Count 2

Township Lake

Property Subtype Mixed Use

Tax Year 2025

Current Use Commercial

Gross Income 58800

County Cook

Insurance Expense 3400

Property Type Commercial Sale Mixed Use

Possible Use Commercial

Status New

Directions Take I55 to Ashland go south to 4817.

City Chicago

Number Of Units Total 3

MLS Area CHI - New City

Lot Size Square Feet 2275

Tax Annual Amount 6132.02

Electric Expense 2400

Fuel Expense 3000

Trash Expense 342

Water Sewer Expense 3360

Additional Parcels Y/N N

Lease Type N/A

Standard Status Active

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Building Area Total 5550

Lot Dimensions 25X125

Frontage Type City Street

* Excluded Features

List By

Re/Max Mi Casa

Broker

ubaldosellshomes@gmail.com

Nearby

Trends
Schools

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
10/31/2026	$410,000		Listed Price

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4817 S Ashland Avenue, Chicago, IL, 60609 is a Property for Rent at $410,000 with 5,550 sqft and a lot size of 0.052227. 4817 S Ashland Avenue was built in 1893. 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 7.375% 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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Data is updated as of 11/1/2026.

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4817 S Ashland Avenue

Property for Rent in Chicago, IL

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