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$12
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Property Description
Prime Retail Space for Lease - JUST RENOVATED This newly updated storefront offers exceptional commercial potential under its B3-2 zoning classification. Featuring upgraded wall finishes, fresh paint, and brand-new flooring throughout, the property is vacant, move-in ready, and easy to show with just 2 hours' notice. Strategically located in a high-traffic corridor only minutes from I-55, the space provides excellent accessibility and visibility. Surrounded by established businesses, it ensures steady customer flow and strong neighborhood presence. Ideal for retail shops, restaurants, professional offices, or mixed-use concepts with residential units above, this versatile property is a rare leasing opportunity in a prime Chicago location.
Full Property Details
Full Property Details for 5017 S Ashland Ave
General
- Price: $12
- Taxes: $5,919 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12524637
- Updated: 12/2/2025
- Added to Site: 70 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
- Lease Price: $12
- For Sale/Rent/Lease: For Rent Only
- Assessment Year: 1952
- Tax Amount: $5,919.73
- Tax Year: 2023
- Tenant Pays: Electricity
Listed by Charles Rutenberg Realty of IL and Charles Rutenberg Realty
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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
11/26/2025
Listed
$12
—
MLS
Disclaimer: Historical sales 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# 12524637) is a Commercial Lease property. 5017 S Ashland Avenue is currently listed for $12 and was received on November 26, 2025. Want to learn more about 5017 S Ashland Avenue? Do you have questions about finding other Commercial Lease 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.

