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    1123 N Ashland Ave Chicago, IL 60622

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    For Lease
    $28 SF/Yr

    First-floor retail or office space with hardwood floors and kitchen.

    Property Features for 1123 N Ashland Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1894

    Source: WEICHERT,REALTORS-FIRSTCHICAGO Agent RONALD RUBY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail or Office Space Available

    This first-floor space is suitable for retail or office use. It features hardwood flooring throughout, a full bathroom, and a kitchen equipped with granite countertops and stainless steel appliances. Central air conditioning and high ceilings are included. A large, shared, enclosed deck is located at the rear of the property, enhancing the space. This property is ready for immediate occupancy for a business, office, store, or studio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6670886
    Latitude
    41.9022551

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    FAQs

    What type of property is this?
    Retail space - First-floor retail or office space with hardwood floors and kitchen.
    Where is this retail space located?
    The property is located at 1123 N Ashland Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - First floor location ideal for retail, office, or studio.; - Granite and stainless steel kitchen.; - Full bathroom.
    (312) 467-9900
    Request Owner's contact information
    1123 N Ashland Ave Chicago, IL 60622
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    Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1123 N Ashland Ave Chicago, IL 60622
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