Building Details

Construction brick

Tenancy Multi

Listing Agency: Canvas Real Estate Show Phone

Listed By: Andrew Becker · License #475136554 Show Phone

Source: Moodyscre

Added: Apr 9 Changed: Jul 29 Last Checked: Jul 31 at 8:57AM

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Investment Insights

Based on property information with market context.

Brand new ground floor retail spaces at 1235–1237 N Ashland Ave, each offering a flexible floor plan suited to a range of concepts. The modern presentation combines a classic brick facade with premium black metal accents, supported by more than 30 feet of floor-to-ceiling window frontage to help showcase displays.

The property is positioned transit oriented, with Division Blue Line Station just steps away and nearby bus stops serving the area. Two luxury residential units sit above both spaces, providing direct, on-site residential presence.

These storefront-ready suites are designed for tenants seeking a sleek, ground-level retail presence with substantial glazing and adaptable interior space.

Key Highlights

• Brand new ground floor retail suites with flexible floor plans for boutique retail, fitness, or high‑end service
• More than 30 feet of floor‑to‑ceiling window frontage for storefront visibility
• Sleek modern exterior with classic brick facade and premium black metal accents

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Adult Day Care (Bike/Boat/Book/etc) Store Fish Market Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

4,106

Businesses Nearby

218k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 35% Groceries 30% Shops & Services 19% Home Improvements & Furnishings 14%

Jewel-Osco Groceries

65,395 visits/mo 0.4 miles

Lowe's Home Improvements & Furnishings

31,134 visits/mo 0.4 miles

Wendy's Dining

29,664 visits/mo 0.2 miles

BP Shops & Services

13,250 visits/mo 0.4 miles

Popeyes Louisiana Kitchen Dining

11,777 visits/mo 0.2 miles

Demographics for 60622, IL

55,075

Population

27,630

Households

2

Avg Household Size

33

Median Age

73%

College-Educated

94%

High-School Grad

2.5 sq mi

ZIP Area

22,030

Density / Sq Mi

$124,852

Median Household Income

$76,180

Median Earnings

$1,932

Median Rent

$622,900

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr

Avg Asking Price

$0.92–$80 /SF/Yr

Price Range

4,887 SF

Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019

9.2% 2020

8.8% 2021

8.1% 2022

7% 2023

6.6% 2024

7.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Brand new ground floor retail suites with flexible layouts and more than 30 feet of floor-to-ceiling window frontage.

Where is this retail space located?

The property is located at 1235-1237 N Ashland Ave Chicago, IL.

What are key features of this property?

This property features: Brand new ground floor retail suites with flexible floor plans for boutique retail, fitness, or high‑end service; More than 30 feet of floor‑to‑ceiling window frontage for storefront visibility; Sleek modern exterior with classic brick facade and premium black metal accents