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$90,000
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Property Description
Great investment opportunity to own this restaurant in Back of Yards neighborhood in Chicago On S Ashland ave. This restaurant is operating well, in a great location within a densely populated residential area with many loyal customers. The restaurant is fully equipped, clean, and well designed. Key Highlights : Prime storefront location with high traffic, right in a densely populated area. Close to many schools and businesses.The restaurant is currently operating with a steady daily customer base (order pickup and dine-in). Very high reviews. Customers really love the food here. Full equipment included: large kitchen, hood system, refrigerators, freezer, 2 stoves, 2 deep fryers, prep stations, etc. Size: 1,200 sq ft. Spacious kitchen, nicely organized-ready to operate immediately. Good lease with reasonable rent ($1,725/month). Convenient parking available along the street in front. Easy-to-manage menu, suitable for many different customers.
Full Property Details
Full Property Details for 4755 S Ashland Ave
General
- Price: $90,000
- Taxes: $45,576 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12522470
- Updated: 1/10/2026
- Added to Site: 13 day(s) ago
Business
- Business Type: Restaurant
- Years in Business: 4 to 6 Yea
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: go west on 47th st then go south on S Ashland Ave, the business is on the left.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 1,200
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 9,438
- Lot Dimensions: 9438 sq ft
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $45,576
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20081000290000
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Schools
Schools serving 4755 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hamline Elementary School 4747 South Bishop Street, Chicago, IL 60609 | K-8 | 0.2 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4755 S Ashland Ave
Date
Details
Price
Change
Source
1/04/2026
Listed
$90,000
-87.41%
MLS
10/26/2001
Sold
$715,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4755 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$44,095
2%
$176,579
—
2022
$43,062
8%
$176,579
—
2021
$39,861
1%
$176,579
15%
2020
$39,345
-11%
$154,000
-20%
2019
$44,377
1%
$192,616
—
2018
$43,784
-9%
$192,616
-1%
2017
$47,961
9%
$194,010
—
2016
$43,867
4%
$194,010
—
2015
$42,287
-1%
$194,010
—
2014
$42,734
2%
$193,396
—
2013
$41,934
-7%
$193,396
—
2012
$44,894
—
$193,396
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4755 S Ashland Ave
4755 S Ashland Avenue, Chicago, IL 60609 (MLS# 12522470) is a Business property. 4755 S Ashland Avenue is currently listed for $90,000 and was received on January 04, 2026. Want to learn more about 4755 S Ashland Avenue? Do you have questions about finding other Business real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

