Address
4948 S Ashland Avenue, Chicago, IL
Price
$ 170,000
Property Attributes
  • MLS#12740534
  • TypeLand
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - New City
  • NeighborhoodNew City
  • Zip60609
  • Style
  • Taxes$ 1307
  • Price$ 170,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Prime 50' x 110' (5,500 sq. ft.) corner lot featuring B3-2 Community Shopping District zoning along the high-traffic Ashland Avenue commercial corridor in Chicago's Back of the Yards footprint. This versatile zoning classification accommodates a broad array of development possibilities, including retail storefronts, service businesses, office spaces, financial institutions, or multi-unit mixed-use residential developments above ground-floor commercial space. Benefiting from high daily vehicle visibility, strong foot traffic, and effortless access to major thoroughfares and public transit, this high-exposure parcel offers an exceptional footprint for business owners, developers, or portfolio investors looking to capitalize on a prime south side location.

Price History
8/27/2026 Listed $170,000

General Features

Sewer Storm Sewer
Utilities Electricity Nearby,Natural Gas Nearby,Water Nearby
Possession Closing
Zoning COMMR
Township Lake
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 20072230390000
County Cook
Property Type Land
Status Active
Directions 47th St to Ashland Ave South to Property
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 1307.6
Additional Parcels Y/N Yes
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Land

Exterior Features

Lot Dimensions 50 X 110
Road Surface Type Asphalt
Frontage Length 50
Frontage Type City Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60609

Price
AVG $90K
$170K
Taxes
AVG $2,755
$1,307
Visits
AVG 153
55
Data Provided by Inside Real Estate®

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