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    1238 N Ashland Ave Chicago, IL 60622

    For Lease
    Contact for pricing

    Dominant mixed-use power center in Wicker Park.

    Property size:
    1,213 SF
    Lot size:
    7.78 Acres

    Property Features for 1238 N Ashland Ave

    General Information

    Size
    1,213 SF
    Lot size
    7.78 Acres

    Source: Mid-America Real Estate Group Agent Jaime Bertsche

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

    Overview

    Wicker Park Retail Space Available

    Wicker Park Commons is a mixed-use power center serving the Bucktown, Wicker Park, West Town, Ukrainian Village, and Logan Square areas. The property is located at the intersection of Ashland, Milwaukee, and Division, which sees a combined 56,000 vehicles per day. It is one block from the Division Street Blue Line transit stop, which serves 2 million riders annually, and is within walking distance of CTA bus lines. The estimated population within a 1.5-mile radius is approximately 120,000, with an average income of $124,833. The available retail space is 1213 square feet and is located at 1238 N Ashland Ave, Chicago, IL. The center caters to the daily needs of customers and has abundant surface parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LendNation Check Cashing Service

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Keycafe, Zellers Textile, Wicker Park Commons, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6678945
    Latitude
    41.9049832

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    FAQs

    What type of property is this?
    Shopping center - Dominant mixed-use power center in Wicker Park.
    Where is this shopping center located?
    The property is located at 1238 N Ashland Ave Chicago, IL.
    What are key features of this property?
    This property features: - Dominant mixed-use power center serving multiple high-demand neighborhoods.; - High-traffic location at the intersection of Ashland, Milwaukee, and Division (56,000 vehicles per day).; - High population density and affluent demographics (120,000 population, $124,833 average income within 1.5 miles).
    (630) 954-7300
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    1238 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
    1238 N Ashland Ave Chicago, IL 60622
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