Chicago, IL 60609,4748 S Ashland AVE
Chicago, IL 60609,4748 S Ashland AVE
Chicago, IL 60609,4748 S Ashland AVE
Chicago, IL 60609,4748 S Ashland AVE
Chicago, IL 60609,4748 S Ashland AVE
Chicago, IL 60609,4748 S Ashland AVE
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Ronda Popp

Ronda Popp

+1(630) 675-8471
$ 685,000
Est. payment | /mo

10,984 SqFt

Save
$ 685,000
Est. payment | /mo
Save

10,984 SqFt

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

Area Chi - New City

Zoning RTAIL

Interior

Cooling Central Air

Flooring Tile

Fireplace N

Exterior

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

Roof Type Membrane

Building

Dwelling Type Mixed Use

Structure Type Brick,Concrete,Stone,Stucco

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lukasz Kristen of  Great Lakes Realty Central Inc 

Nearby Locations

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.
Ronda Popp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 675-8471

ronda@rondapopp.com

Sugar Grove, IL, 60554, USA

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4748 S Ashland AVE