This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$125,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
JUST RENOVATED, This great property offers outstanding commercial potential with its B3-2 zoning classification. The property features upgraded wall finishes, fresh paint, and brand-new flooring throughout. It is currently vacant, move-in ready, and easy to show with just 2 hours' notice. Located in a high-traffic area and just minutes from I-55, its strategic access makes it ideal for retail stores, restaurants, offices, or mixed-use developments with residential units on upper floors. Surrounded by established businesses, it ensures visibility and a steady customer flow. Don't miss the opportunity to invest in a versatile space in a prime location.
Full Property Details
Full Property Details for 5017 S Ashland Ave
General
- Price: $125,000
- Taxes: $5,919 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12484812
- Updated: 10/6/2025
- Added to Site: 108 day(s) ago
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Take Exit 290 from I-55, follow Ashland Ave south for about 2 miles.
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Other
Structural Information
- Stories/Levels: 1
- Square Feet: 1,282
- Year Built: 1952
Lot Features
- Lot Dimensions: 25 x 120
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1952
- Tax Amount: $5,919.73
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20081240080000
Listed by Charles Rutenberg Realty of IL and Charles Rutenberg Realty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 5017 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Libby Elementary School 5300 South Loomis Boulevard, Chicago, IL 60609 | K-8 | 0.4 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.1 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 5017 S Ashland Ave
Date
Details
Price
Change
Source
9/30/2025
Listed
$125,000
—
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 5017 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,920
3%
$28,057
—
2022
$5,771
2%
$28,057
—
2021
$5,642
81%
$28,057
100%
2020
$3,119
-11%
$14,000
-19%
2019
$3,487
2%
$17,357
—
2018
$3,429
2%
$17,357
11%
2017
$3,374
7%
$15,672
—
2016
$3,139
9%
$15,672
—
2015
$2,872
-32%
$15,672
-32%
2014
$4,254
2%
$22,926
—
2013
$4,170
159%
$22,926
156%
2012
$1,608
—
$8,963
—
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 5017 S Ashland Ave
5017 S Ashland Avenue, Chicago, IL 60609 (MLS# 12484812) is a Commercial property. 5017 S Ashland Avenue is currently listed for $125,000 and was received on September 30, 2025. Want to learn more about 5017 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.

