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$155,000
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Property Description
Attention developers, entrepreneurs, and investors: this is your chance to secure 4 contiguous lots at 7147-53 S Ashland Ave, right in the heart of Chicago's South Side. Zoned B3-1, the site offers incredible flexibility-perfect for retail, office space, multi-family housing, and even automotive or light mechanical uses like repair shops or tire services, subject to city approval. Whether you're planning a mixed-use development or a specialized commercial project, this location delivers. The property includes a small existing building, ideal for indoor work, storage, or immediate operations while your vision takes shape. With direct frontage on Ashland Ave, high traffic visibility, and just 4 minutes from the I-90/I-94 expressway, you'll enjoy fast access to downtown and surrounding suburbs. The area is surrounded by schools, parks like Hamilton Park, grocery stores, public transit, and a strong network of local businesses. Drive by anytime.
Full Property Details
Full Property Details for 7147 S Ashland Ave
General
- Price: $155,000
- Taxes: $11,929 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12483248
- Updated: 1/15/2026
- Added to Site: 109 day(s) ago
Location
- Area: CHI - West Englewood
- County: Cook
- Driving Directions: From I-90/94 exit 59A: head south on Ashland Ave.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Automotive
- Year Built: 1967
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,918
- Lot Dimensions: 96.06 x 113.5
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1967
- Tax Amount: $11,929.13
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20291050050000
Listed by Charles Rutenberg Realty of IL and Charles Rutenberg Realty
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Schools
Schools serving 7147 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Wentworth Elementary School 1340 West 71st Street, Chicago, IL 60636 | PK-8 | 0.3 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 7147 S Ashland Ave
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$155,000
-6.06%
MLS
11/23/2025
Price Reduced
$165,000
-2.94%
MLS
9/29/2025
Listed
$170,000
580%
MLS
8/20/2009
Sold
$25,000
—
Public Record
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 7147 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,250
3%
$20,141
—
2022
$4,143
2%
$20,141
—
2021
$4,050
-11%
$20,141
-1%
2020
$4,540
11%
$20,380
—
2019
$4,095
127%
$20,380
123%
2018
$1,802
-3%
$9,125
6%
2017
$1,854
7%
$8,611
—
2016
$1,725
32%
$8,611
21%
2015
$1,307
-18%
$7,130
-17%
2014
$1,598
2%
$8,611
—
2013
$1,566
1%
$8,611
—
2012
$1,545
—
$8,611
—
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 7147 S Ashland Ave
7147 S Ashland Avenue, Chicago, IL 60636 (MLS# 12483248) is a Commercial property. 7147 S Ashland Avenue is currently listed for $155,000 and was received on September 29, 2025. Want to learn more about 7147 S Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

