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$130,000
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Property Description
Amazing potential! Very visible storefront on the first floor tenant is a well run business. 2nd floor host a 4 bedroom 2 bathroom! Incredibly huge! we have 4,150 sq. ft. Area has received TIF funding and is evident when you see the brand new sidewalks. City also is investing heavily in the area. Design Bridge United Yards has a whole website of the planned construction.United Yards is the winning competition proposal for the New City / Back of the Yards INVEST SOUTHWEST RFP hosted by the City of Chicago. The master plan for United Yards consists of 4 sites:
Full Property Details
Full Property Details for 4831 S Ashland Ave
General
- Price: $130,000
- Taxes: $2,459 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12617364
- Updated: 7/3/2026
- Added to Site: 99 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Dan Ryan 90 to 47th. 47th west to Ashland. Ashland south to property.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- Square Feet: 3,519
- # of Stores: 1
- Year Built: 1892
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,775
- Lot Dimensions: 25 x 125
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1892
- Tax Amount: $2,459
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 20081080100000
Listed by Fulton Grace Realty
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Schools
Schools serving 4831 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4831 S Ashland Ave
Date
Details
Price
Change
Source
4/13/2026
Listed
$130,000
—
MLS
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 4831 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,460
—
$13,000
32%
2023
$2,460
57%
$9,850
—
2022
$1,568
7%
$9,850
—
2021
$1,472
-1%
$9,850
11%
2020
$1,485
-7%
$8,914
-14%
2019
$1,598
1%
$10,366
—
2018
$1,575
-41%
$10,366
-27%
2017
$2,671
68%
$14,181
71%
2016
$1,587
-37%
$8,269
-42%
2015
$2,519
10%
$14,181
10%
2014
$2,284
3%
$12,907
—
2013
$2,228
-8%
$12,907
—
2012
$2,417
—
$12,907
—
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 4831 S Ashland Ave
4831 S Ashland Avenue, Chicago, IL 60609 (MLS# 12617364) is a Commercial property. 4831 S Ashland Avenue is currently listed for $130,000 and was received on April 13, 2026. Want to learn more about 4831 S Ashland Avenue? Do you have questions about finding other Commercial 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.

