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3832-3856 S Ashland Ave

0.55 Acres of Commercial Land Offered at $2,500,000 in Chicago, IL 60609

Investment Highlights

  • NFR Letter In-Hand!
  • Signalized Intersection with intersection traffic counts of 39,100 VPD
  • Across From Stockyards Planned Manufacturing District (PMD) with 350 businesses and over 8,600 employees
  • Development Site Ideal for QSR, Coffee, Medical, Fuel
  • Adjacent to Dense McKinley Park and Bridgeport Neighborhoods
  • Easy Access to Downtown and all Major Highways

Executive Summary

The subject property is zoned M1-2 and C1-2 and is ideal for QSR, coffee, medical, or fuel uses. Traffic counts for the signalized intersection of Ashland and Pershing are 39,100 VPD. Located in the 11th Ward, the property sits adjacent to the McKinley Park Park and Bridgeport neighborhoods and offers easy access to downtown and all major highways. Additionally, it is three blocks from an Amazon delivery station and across from the Stockyards Planned Manufacturing District (PMD) and its 350 businesses and 8,600 employees. Contact the listing advisor for further details.
Located at the convergence of McKinley Park, Bridgeport, and the Stockyards PMD, the subject site is the northwest corner (NWC) of Ashland and Pershing on Chicago's near southwest side. The signalized intersection sees high vehicular traffic with 39,100 VPD. There is a dense residential population in McKinley Park to the west and Bridgeport to the east. In addition to the Amazon warehouse just blocks away, 350 businesses and over 8,600 employees are located within the adjacent Stockyards Planned Manufacturing District (PMD) which provides a captive weekly audience.

Property Facts

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Medical
  • Restaurant
Total Lot Size 0.55 AC

1 Lot Available

Lot

Price $2,500,000
Price Per AC $4,583,330
Lot Size 0.55 AC

NFR Letter IN-Hand! SVN Chicago Commercial is pleased to offer the development site at the hard corner of Ashland and Pershing (NWC) for SALE. A No Further Remediation Letter has been issued by the IEPA for the 23,760 SF corner site.

Description

NFR Letter IN-Hand! SVN Chicago Commercial is pleased to offer the development site at the hard corner of Ashland and Pershing (NWC) for SALE. A No Further Remediation Letter has been issued by the IEPA for the 23,760 SF corner site. The subject property is zoned M1-2 and C1-2 and is ideal for QSR, coffee, medical, or fuel uses. Traffic counts for the signalized intersection of Ashland and Pershing are 39,100 VPD. Located in the 11th Ward, the property sits adjacent to the McKinley Park Park and Bridgeport neighborhoods and offers easy access to downtown and all major highways. Additionally, it is three blocks from an Amazon delivery station and across from the Stockyards Planned Manufacturing District (PMD) and its 350 businesses and 8,600 employees.

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-31-431-046-0000
  • 17-31-431-045-0000
  • 17-31-431-048-0000
Land Assessment
$24,746
Improvements Assessment
$600
Total Assessment
$25,346

zoning

Zoning Code M1-2 & C1-2
M1-2 & C1-2
  • Listing ID: 32376940

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 3832-3856 S Ashland Ave, Chicago, IL 60609

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