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$750,000
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Property Description
This well-maintained six-unit property, built in 2012, features a sturdy all-brick exterior and is designed for modern living. Each unit is equipped with separate HVAC systems, ensuring year-round comfort, and all utilities are individually metered for convenience. The property also boasts energy-efficient double-pane windows, helping to reduce energy costs and maintain a comfortable environment. The back of the property is enhanced with beautiful pavers, providing a stylish and functional outdoor space. Gated parking, accessible from the alley, offers secure parking for residents. Inside, each unit showcases sleek black quartz countertops, adding a contemporary touch to the kitchens. With its prime location in up and coming back of the yards neighborhood, low maintenance, and thoughtful design, this property is a great opportunity for any investor.
Full Property Details
Full Property Details for 4848 S Ashland Ave
General
- Sold For: $750,000
- Taxes: $4,245 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12483610
- Added to Site: 109 day(s) ago
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: South On 4800 Ashland Property on West of Ashland
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 7,857
- Year Built: 1888
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,825
- Lot Dimensions: 50 x 125
- Zoning: OTHER
Financial Considerations
- Operating Expenses: $18,000
- Assessment Year: 1888
- Tax Amount: $4,245.22
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 20072150360000
Listed by TRP Realty LLC
Sold by Su Familia Real Estate Inc
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Schools
Schools serving 4848 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary Multicultural Academy Center 4747 South Marshfield Avenue, Chicago, IL 60609 | PK-8 | 0.2 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.2 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 4848 S Ashland Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$750,000
4.9%
MLS
9/29/2025
Listed
$715,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4848 S Ashland Avenue, Chicago, IL 60609 (MLS# 12483610) is a Commercial property that was sold at $750,000 on December 16, 2025. Want to learn more about 4848 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.

