Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1220-1250 S Ashland Ave Chicago, IL 60622

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space adjacent to medical center and Costco.

    Property size:
    774 SF
    Lot size:
    9.62 Acres

    Property Features for 1220-1250 S Ashland Ave

    General Information

    Size
    774 SF
    Lot size
    9.62 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    Retail Space Near University

    This 774-square-foot retail space is located in a grocery-anchored shopping center. The property is adjacent to the University of Illinois Medical Center and Costco. It is also in close proximity to the University of Illinois at Chicago, which has 16,000 undergraduates. The shopping center is located in a busy area with a population of over 459,000 people within a 3-mile radius.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM, Zenblen

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6685029
    Latitude
    41.8659453

    Nearby Similar for Lease

    • $24 SF/Yr
      6,970 SF

      Distinctive South Loop Office Space

      Versatile commercial space in Chicago's South Loop.
      819 S Wabash Ave, Chicago, IL 60605
      View Details
    • $35 SF/Yr

      Modern Office Building with Rooftop

      Newly constructed office building with a full-floor rooftop retreat.
      1290 N Clybourn Ave, Chicago, IL 60610
      View Details
    • $25 SF/Yr

      Prime Retail Space on North Avenue

      Adaptable retail space in a vibrant Chicago mixed-use district.
      1720 W North Ave, Chicago, IL 60622
      View Details
    • $40 SF/Yr

      Condominium in Chicago, IL

      Condominium for rent in Chicago, Illinois.
      816 W Cullerton St, Chicago, IL 60608
      View Details
    • $20 SF/Yr

      Remodeled Office Space in Chicago

      Remodeled office space for rent in Chicago's Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • $15 SF/Yr

      Pulaski Road Storefront Opportunity

      Double storefront on Pulaski Rd with high traffic count.
      8337 S Pulaski Rd, Chicago, IL 60652
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space adjacent to medical center and Costco.
    Where is this shopping center located?
    The property is located at 1220-1250 S Ashland Ave Chicago, IL.
    What are key features of this property?
    This property features: - Extremely busy center with a high population density (459,000+ within 3 miles).; - Grocery-anchored shopping center.; - Adjacent to University of Illinois Medical Center and Costco.
    (630) 954-7327
    Request Owner's contact information
    1220-1250 S Ashland Ave Chicago, IL 60622
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1220-1250 S Ashland Ave
    Chicago, IL 60622
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1220-1250 S Ashland Ave Chicago, IL 60622
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.