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$350,000
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Property Description
High-exposure commercial opportunity along the busy S. Ashland Avenue corridor! This versatile 3,740 sq. ft. building featuring a full basement is available for sale or lease, offering maximum flexibility for owner-operators, retail tenants, or real estate investors. Benefiting from flexible B3-2 Community Shopping District zoning, the property easily accommodates a wide range of uses, including retail storefronts, service businesses, professional office space, restaurants, or multi-family mixed-use redevelopment with ground-floor commercial space. Positioned in Chicago's Back of the Yards area with heavy daily vehicle and foot traffic, seamless transit access, and incredible storage/operational space in the full basement, this listing delivers ideal visibility and utility for your next business move.
Full Property Details
Full Property Details for 4934 S Ashland Ave
General
- Price: $350,000
- Taxes: $19,155 (2025)
- Status: Active
- Type: Store
- Source: MRED
- MLS ID: 12740547
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 47th St to Ashland Ave South to Property
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 3,740
- Year Built: 1947
Lot Features
- Lot Size (Sq. Ft.): 4,069
- Lot Dimensions: 4069
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- For Sale/Rent/Lease: For Sale or Rent
- Assessment Year: 1947
- Tax Amount: $19,155.71
- Tax Year: 2025
- Tenant Pays: Sewer, All Utilities, Trash Collection
Disclosures and Reports
- Property ID: 20072230330000
Listed by Realty of America, LLC
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Schools
Schools serving 4934 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 | 0.3 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 4934 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,892
32%
$64,168
39%
2023
$9,733
3%
$46,130
—
2022
$9,488
2%
$46,130
—
2021
$9,276
10%
$46,130
21%
2020
$8,465
-11%
$38,000
-19%
2019
$9,468
2%
$47,127
—
2018
$9,309
15%
$47,127
26%
2017
$8,077
7%
$37,518
—
2016
$7,514
9%
$37,518
—
2015
$6,875
-1%
$37,518
—
2014
$6,961
2%
$37,518
—
2013
$6,824
218%
$37,518
213%
2012
$2,149
—
$11,977
—
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 4934 S Ashland Ave
4934 S Ashland Avenue, Chicago, IL 60609 (MLS# 12740547) is a Store property. 4934 S Ashland Avenue is currently listed for $350,000 and was received on August 23, 2026. Want to learn more about 4934 S Ashland Avenue? Do you have questions about finding other Store 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.

