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    1540 S Ashland Ave Chicago, IL 60622

    For Lease
    Contact for pricing

    Flex and industrial spaces for lease with excellent loading.

    Property size:
    11,880 SF
    Lot size:
    2.17 Acres

    Property Features for 1540 S Ashland Ave

    General Information

    Size
    11,880 SF
    Lot size
    2.17 Acres

    Source: Colliers | Chicago Rosemont Agent Vern Schultz, SIOR

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

    Overview

    Chicago Flex Space For Lease

    This flex and industrial property offers a variety of different sized suites and layouts for lease. The location provides convenient access to transportation, situated 1.0 mile from I-290 (Ashland Exit) and 1.5 miles from I-55 (Damen Exit). Additionally, it is located 3 blocks from the Pink Line (18th Street Stop). The property is professionally owned and managed and features excellent loading. The property has a size of 11880 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ashland Warehouse Warehouse Anatomical Gift Association ... Non-Profit Organization Chicago Area Runners ... Non-Profit Organization Lindenmeyr Munroe Paper Distributor J Lane Architectural ... Architect

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Entertaining Company, Blue Plate, Occasions Chicago, Sabroso Catering, Butter and Vine

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6680154
    Latitude
    41.9099828

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    FAQs

    What type of property is this?
    Flex space - Flex and industrial spaces for lease with excellent loading.
    Where is this flex space located?
    The property is located at 1540 S Ashland Ave Chicago, IL.
    What are key features of this property?
    This property features: - Variety of different sized suites and layouts for lease; - Excellent loading; - Professionally owned and managed
    (312) 613-1877
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    1540 S 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
    1540 S Ashland Ave Chicago, IL 60622
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