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    400 N Ashland Ave Chicago, IL 60622

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    For Lease
    Contact for pricing

    20,520 SF warehouse with secure parking in Kinzie Corridor.

    Property size:
    33,403 SF
    Lot size:
    33,403 SF

    Property Features for 400 N Ashland Ave

    General Information

    Size
    33,403 SF

    Source: Alex Sutterer Agent Alex Sutterer

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

    Overview

    Kinzie Corridor Warehouse with Parking

    Located in the Kinzie Corridor, 400 N Ashland Ave offers flexible zoning and a versatile layout, suitable for warehouse, industrial, and distribution purposes. The available unit provides 20,520 square feet within a larger building of 33,403 square feet. It features 1.3 acres of secured parking, accommodating approximately 80 spaces. Loading is facilitated by 2 interior docks, and there is the ability to add a drive-in door. The space includes approximately 2,100 square feet of existing office space. The clear height ranges from 13 feet 2 inches to 14 feet 6 inches. Power is supplied by a 400 amp, 120/240 volt system. Recent institutional-quality improvements include a new roof and skylights, reinforced bow-truss, and LED lighting. The property is located 1.1 miles from the I-290 expressway, 1.2 miles from the I-90 / I-94 expressways, and 0.3 miles from the Ashland Ave "L" stop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PortionPac Chemical Corporation Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Cadogan Tate | Fine Art & Interior Designer Services | Moving & Storage Services, Cold Storage, All My Sons Moving & Storage, Extra Space Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6676574
    Latitude
    41.8890797

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    FAQs

    What type of property is this?
    Warehouse - 20,520 SF warehouse with secure parking in Kinzie Corridor.
    Where is this warehouse located?
    The property is located at 400 N Ashland Ave Chicago, IL.
    What are key features of this property?
    This property features: - 20,520 SF available with flexible zoning in the Kinzie Corridor.; - Benefit from 1.3 acres of secured parking/outdoor storage with +/-80 spaces.; - Recently renovated with institutional quality improvements including new roof, skylights and reinforced bow-truss.
    (330) 217-5926
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    400 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
    400 N Ashland Ave Chicago, IL 60622
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