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Street-Level Mixed-Use Property
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3918 N Ashland Avenue, Chicago, IL 60613

Commercial Lease, Chicago, IL

Space Size1,900 SF
Days on Market107

Property Features for 3918 N Ashland Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions Irving Park Rd. south of Ashland to address Montrose Ave. north on Ashland Ave to address
Subdivision CHI - Lake View
Standard status Active

Taxes and HOA fees

Tax Annual Amount 25528

Utilities

Cooling system Central Air

Building Details

Year built 1931
Floors in Building 1
Number of units 1
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: May 12 Changed: Aug 20 Last Checked: Aug 26 at 6:06AM
MLS# 12643087

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines street-level commercial space with a residential component. The approximately 1,900-square-foot layout can accommodate retail, office, service, gallery, or office showroom functions, with central air in place. The property was built in 1931 and is zoned COMMR.

Located along Ashland Avenue in Chicago, the property is positioned near CTA transit lines, retail corridors, dining, shopping, and the Southport Corridor. The surrounding area includes commercial and residential districts, while access is available to Downtown Chicago, major roads, Lake Shore Drive, and interstate routes. The street-level configuration supports a range of customer-facing or professional commercial uses.

Key Highlights

  • Approximately 1,900 Sq. ft. of street‑level commercial space
  • Mixed‑use property with retail and residential components
  • Flexible layout for retail, office, service, gallery, or office showroom uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,761
Businesses Nearby

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$24.03 /SF/Yr
Avg Asking Price
$10–$45 /SF/Yr
Price Range
68,390 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible street-level space with central air for retail, office, or service-oriented operations.
Where is this mixed-use property located?
The property is located at 3918 N Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Approximately 1,900 Sq. ft. of street‑level commercial space; Mixed‑use property with retail and residential components; Flexible layout for retail, office, service, gallery, or office showroom uses
More about this property
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