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Yuliya Benko

yuliyab.realtor@gmail.com +1(773) 503-0277

Listed by Lukasz Kristenof Great Lakes Realty Central Inc

$ 685,000

Est. payment -/mo

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Active

4748 S Ashland Avenue Chicago, IL 60609

10,984 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,984 sqft

Price per Sqft $62

MLS Listing ID 12546622

Year Built 1912

Annual Tax Amount $27,692

Tax Year 2024

Lot Dimensions 111'X123.60'

Property Sub-Type Mixed Use

Property Description

Introducing a prime income producing investment opportunity plus tremendous development potential in the Back of the Yards neighborhood at 4748 South Ashland Avenue - spread over 5 CITY LOTS - 124 FT of frontage on Ashland Ave & on the corner of 48th Street. This 10,984 SF, 2-story building offers a spacious & versatile layout on the 1st floor with a long-term daycare tenant + a 5,450 SF vacant, ready to build out second floor ideal for offices, medical, apartments, gym or other uses, + three vacant lots for new construction retail, parking or both. This property presents a compelling opportunity for investors seeking a strategic addition to their portfolio with huge upside development potential. With its prime location & ample space, this property is prepped to meet the demands of modern businesses. Take advantage of this rare chance to secure a valuable asset in a thriving commercial real estate market. The building was gut rehabbed from a shell & in superb condition, with all modern mechanicals. Excellent visibility & accessibility with a high walk score of 85/100. City Reinvestment Opportunity, "INVEST South/West" corridor. Potential for customization & value add potential to suit specific business needs. Ample off street parking potential for employees & visitors. Proximity to critical amenities & transportation options. -Strong potential for rental income growth &/or an owner operator. Unlimited potential offers huge development opportunity, leading to value appreciation in an upcoming neighborhood. Sellers are retiring & are pricing this to sell & way below their cost.

Location

State IL

County Cook

Zoning RTAIL

Interior

Cooling Central Air

Flooring Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

View Y/N true

Roof Type Membrane

Building

Foundation Concrete Perimeter

Structure Type Brick,Concrete,Stone,Stucco

SCHOOLSPROPERTIES

Elementary Schools 20

9

Sheridan Elementary Math & Science Academy

Public | KG - 8
9

Healy Elementary School

Public | PK - 8
9

J. Ward Elementary School

Public | KG - 8
9

Haines Elementary School

Public | PK - 8
7

Burroughs Elementary School

Public | PK - 8
6

Columbia Explorers Elementary Academy

Public | KG - 8
6

Horizon Science Academy-Mckinley Park

Public | KG - 8
6

Namaste Elementary Charter School

Public | KG - 8
6

Chavez Multicultural Academic Center Elementary School

Public | PK - 8
6

Providence-Englewood Elementary Charter

Public | KG - 8
6

Holden Elementary School

Public | PK - 8
5

Tonti Elementary School

Public | PK - 5
5

Sawyer Elementary School

Public | KG - 8
5

N. Davis Elementary School

Public | KG - 8
5

Gunsaulus Elementary Scholastic Academy

Public | PK - 8
5

Saucedo Elementary Scholastic Academy

Public | PK - 8
5

Uno Academy Charter Schools

Public | KG - 12
5

Talman Elementary School

Public | PK - 8
5

Carson Elementary School

Public | PK - 8
5

Christopher Elementary School

Public | KG - 8

Middle Schools 4

9

Lindblom Math & Science Academy High School

Public | 7 - 12
6

Evergreen Academy Middle School

Public | 6 - 8
2

Madero Middle School

Public | 6 - 8
0

San Miguel-Back of the Yards

Private | 6 - 8

High Schools 20

9

Back of the Yards International Baccalaureate High School

Public | 9 - 9
7

Air Force Academy High School

Public | 9 - 12
5

Richards Career Academy High School

Public | 9 - 12
5

Williams Medical Preparatory High School

Public | 9 - 12
4

Spry Community Links High School

Public | 9 - 12
4

Ihsca Charter High School

Public | 9 - 12
4

Urban Preparatory Charter Academy Englewood High School

Public | 9 - 12
3

Bronzeville Scholastic High School

Public | 9 - 12
2

Team Englewood Community Academy High School

Public | 9 - 12
1

Farragut Career Academy High School

Public | 9 - 12
1

Kelly High School

Public | 9 - 12
1

Gage Park High School

Public | 9 - 12
1

Harper High School

Public | 9 - 12
1

Tilden Career Community Academy High School

Public | 9 - 12
1

Hope College Preparatory High School

Public | 9 - 12
1

Robeson High School

Public | 9 - 12
1

Urban Preparatory Charter Academy Bronzeville High School

Public | 9 - 12
1

Ace Technical Charter High School

Public | 9 - 12
0

Our Lady of Tepeyac High School

Private | 9 - 12
0

York Alternative High School

Public | 9 - 12

School and business data provided by Attom Data.

Yuliya Benko

Broker

+1(773) 503-0277

Yuliya Benko

4748 S Ashland Avenue Chicago, IL 60609

Key Details

Location

Interior

Exterior

Building

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4748 S Ashland Avenue