773-714-2119
9244 S Ashland Ave, Chicago, IL for Sale
Freestanding - FOR SALE
1/7
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9244 S Ashland Ave
Chicago, IL 60620
Brainerd


HIGHLIGHTS

  • Fully leased property with Dollar General as the tenant under a recently executed lease extension.
  • Current lease term runs through January 31, 2032, with two additional renewal options.
  • Located on heavily traveled Ashland Avenue, offering strong visibility and traffic counts.
  • Positioned within an established retail node near Jewel-Osco, Walgreens, and other national tenants.
  • Convenient connectivity to I-57, major arterials, and public transportation, ensuring accessibility.
  • Stabilized income stream with potential for long-term investment growth.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C2-2

APN/PARCEL ID

25-06-412-038-0000

ASK ABOUT THIS PROPERTY

Marc HaleDarwinPW RealtyMore Info
773-714-2119

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Marc HaleDarwinPW RealtyMore Info
773-714-2119

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