4746 Ashland AveChicago, IL 60609

Property Details for 4746 Ashland Ave

Year built

1942

Lot size

0.06 AC

Property size (Sq ft)

2,400 SF

Property type

Retail space

APN

20-07-207-032

APU

2007207032

Description

This exceptional investment opportunity presents a 2,438-square-foot storefront located at 4746 S Ashland Ave in Chicago, Illinois. Currently operating at 100% occupancy with Kreative Kids Academy as the sole tenant, this single-unit property offers immediate cash flow. The building, constructed in 1942, is classified as Class B and sits on a 3,049-square-foot lot. Its zoning designation is B4-02, providing flexibility for future uses. The asking price is $200,000, translating to $82.03 per square foot. This represents a strong value proposition in a prime Chicago location. The property's strategic urban setting and stable tenant base contribute to its significant investment potential. The Cook County property features a 2,438 square foot net rentable area, making it an ideal owner-user or investment opportunity. The property's address is verified and its location is within the 60609 zip code. This well-maintained building offers a solid foundation for continued success in a thriving market. The property's APN is 20072070320000. This is a rare opportunity to acquire a fully occupied, income-generating property in a desirable Chicago neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,133,799

  6.5%

  $1,046,583

  7%

  $971,827

• Comparable approach

  Method

  Valuation

  Relative Method

  $787,752

  Geo Method

  $787,752

• Alternative Use

  Use

  Valuation

  Residential

  $882,832

  Hospitality

  $808,670

  Educational

  $672,804

  Medical

  $695,942

  Retail

  $1,046,583

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8073

Longitude

-87.6653

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].