10,190 SF Mixed-Use Building With Rehab Potential
No Longer Available For Sale
4801 S. Ashland Ave.
Chicago, IL 60609
10,190 SF
Mixed-Use
The Details
- 10,190 SF mixed-use building
- Two occupied retail storefronts
- 2,800 SF second floor
- 1,500 SF third floor
- Upper floors can be rehabbed as office or apartments
- New roof & updated tuckpointing
- New HVAC and electrical systems for storefront units
- Opportunity to occupy or rehab
- Land Area: 5,890 SF
- Zoning: B1-3
- Part of 47th/Ashland TIF
- Taxes (2015): $21,409
This 10,190 square foot mixed-use building is close to the busy intersection of 47th and Ashland. The building features two occupied storefront units that has been updated with new HVAC and electrical systems. The upper floors, totaling 4,300 square feet, can potentially be rehabbed as office space or apartments. The building has a newer roof and updated tuckpointing. On a busy stretch of Ashland, this building is passed by 14,600 cars daily. This is a great value-add opportunity for a user or developer.
The Back of the Yards neighborhood is a mix of residential and commercial properties, with many commercial properties along thoroughfares like 47th St. and Ashland.