6915 S Ashland Ave

Description:

Presented by Midwest Investment Advisors with KW Commercial | Keller Williams ONEChicago

 

Investment Summary

Retail, Automotive Repair & Development Land

6915 S. Ashland Ave., Chicago, IL 60636

 

Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago is pleased to present the opportunity to acquire an established automotive repair facility with substantial adjacent commercial land at the signalized intersection of 69th Street and Ashland Avenue.

The offering consists of 36,795 square feet of contiguous land, or 0.84 acre, including a 9,150-square-foot automotive repair and retail building situated on a 10,780-square-foot parcel, together with an additional 26,015 square feet of gated land. All parcels are zoned B3-3, providing flexibility for continued automotive operations, commercial use, business expansion or potential redevelopment, subject to applicable approvals.

 

The property has operated as a family-owned autorepair/collission business since 1969 and is currently managed by its second-generation owner. This longstanding operating history demonstrates sustained neighborhood demand and the site’s proven viability for automotive-related services.

The existing facility and adjacent lots provide ample space for customer parking, vehicle staging, tow-truck circulation, fleet storage, parts storage and future expansion. Active utility connections and existing automotive infrastructure may further support continued or expanded operations.

The property is positioned directly across from major neighborhood traffic generators, including Food 4 Less, its dedicated fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars and Subway. These established grocery, fuel, banking and retail uses create consistent daily traffic and reinforce the intersection’s commercial strength.

 

Property Highlights


Purchase Price: $875,000
Total Land Area: 36,795 SF
Building Area: 9,150 SF
Additional Land Area: 26,015 SF
Zoning: B3-3
Price per Land SF: $23.78
Price per Building SF: $95.63


 

The property offers multiple potential strategies, including continued automotive or collision repair use, owner occupancy, leasing, fleet operations, service retail, business expansion or comprehensive redevelopment. At $23.78 per square foot of land, 6915 S. Ashland Ave. represents a compelling opportunity for owner-users, investors and developers seeking a highly visible Chicago property with existing improvements and significant land.




NEAR SIGNALIZED CORNER LOCATION

Strategically positioned near the intersection of 69th Street and Ashland Avenue, offering excellent visibility, prominent frontage, and convenient access within a dense Chicago infill location.

 

SIGNIFICANT LAND & IMPROVEMENT FOOTPRINT

The offering includes a 9,150-square-foot commercial auto repair building together with substantial surrounding land, providing flexibility for parking, vehicle circulation, outdoor storage, operational expansion, or potential future redevelopment.

 

ESTABLISHED AUTO-ORIENTED USE

The property has a long operating history as an automotive collision and repair facility, demonstrating the location's ability to support vehicle-related commercial uses and neighborhood service demand.

 

FLEXIBLE B3-3 ZONING

B3-3 zoning supports a broad range of commercial uses, providing investors with flexibility to evaluate continued automotive use, retail, service-oriented concepts, or longer-term redevelopment opportunities, subject to applicable City of Chicago approvals.

 

STRONG RETAIL GRAVITY

The property benefits from proximity to established neighborhood traffic generators and national retailers, including Food 4 Less with a dedicated fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars, and Subway.

 

ABUNDANT PARKING & VEHICLE ACCESS

Contiguous land parcels provide substantial space for customer parking, vehicle storage, queuing, and operational circulation—particularly valuable for automotive, service, and other vehicle-intensive users.

 

OWNER-USER OR VALUE-ADD INVESTMENT OPPORTUNITY

The combination of existing income, month-to-month tenancy, substantial land area, commercial zoning, and below-potential NOI creates multiple potential strategies for investors, developers, and owner-users.

 

URBAN INFILL REPOSITIONING POTENTIAL

Located along a major South Side commercial corridor, the property offers a rare combination of building improvements and land that may support future repositioning or redevelopment as neighborhood investment continues over the long term.