Log In/Sign Up
Your email has been sent.
9244 S Ashland Ave
Chicago, IL 60620
Retail Property For Sale
Investment Highlights
- Fully leased property with Dollar General as the tenant under a recently executed lease extension.
- Located on heavily traveled Ashland Avenue, offering strong visibility and traffic counts.
- Convenient connectivity to I-57, major arterials, and public transportation, ensuring accessibility.
- Current lease term runs through January 31, 2032, with two additional renewal options.
- Positioned within an established retail node near Jewel-Osco, Walgreens, and other national tenants.
- Stabilized income stream with potential for long-term investment growth.
Executive Summary
9244 S. Ashland Avenue presents a fully leased freestanding retail investment located on the South Side of Chicago, in proximity to the Washington Heights and Beverly neighborhoods. The property is tenanted by Dollar General under a recently renewed long-term lease extending through January 2032, offering predictable income with additional renewal options for extended occupancy.
Situated on a 0.62-acre parcel, the property lies along the heavily trafficked Ashland Avenue corridor, an established retail destination supported by strong surrounding demographics and daily consumer traffic. This stabilized investment sits in a trade area anchored by well-known retailers such as Jewel-Osco, Walgreens, and Burger King, ensuring consistent visibility, brand synergy, and foot traffic for decades to come.
With convenient access to I-57, major surface roads, and public transportation, this asset provides investors with an income-producing retail property supported by entrenched national credit tenancy. Full financials and lease documents are available upon request, making this offering an excellent opportunity for those seeking long-term cash flow and security in a proven location.
Situated on a 0.62-acre parcel, the property lies along the heavily trafficked Ashland Avenue corridor, an established retail destination supported by strong surrounding demographics and daily consumer traffic. This stabilized investment sits in a trade area anchored by well-known retailers such as Jewel-Osco, Walgreens, and Burger King, ensuring consistent visibility, brand synergy, and foot traffic for decades to come.
With convenient access to I-57, major surface roads, and public transportation, this asset provides investors with an income-producing retail property supported by entrenched national credit tenancy. Full financials and lease documents are available upon request, making this offering an excellent opportunity for those seeking long-term cash flow and security in a proven location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.62 AC
Zoning
C2-2 - Motor Vehicle-Related Commercial District
Property Taxes
| Parcel Number | 25-06-412-038-0000 | Improvements Assessment | $187,067 CAD |
| Land Assessment | $84,595 CAD | Total Assessment | $271,662 CAD |
Property Taxes
Parcel Number
25-06-412-038-0000
Land Assessment
$84,595 CAD
Improvements Assessment
$187,067 CAD
Total Assessment
$271,662 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
