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Ground-Floor Retail Space
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1257 N Ashland Ave, Chicago, IL 60622

New construction ground-floor retail space is available within The Ash luxury apartment development.

Space Size2,045 SF
Days on Market52

Property Features for 1257 N Ashland Ave

General Information

Standard status Active
Size 2,045 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 1257 N Ashland Ave Contact us

1257 N Ashland Ave $39/SF/Yr

Floor
1
Size
2,045 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
– New construction – 2,045 Sq Ft retail space available on the ground floor of...
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Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #471016960
Source: Moodyscre
Added: Jul 16 Changed: Aug 9 Last Checked: Sep 5 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miller Chicago

Investment Insights

Based on property information with market context.

New construction ground-floor retail space is available within The Ash, a luxury apartment development. The offering provides a street-level location designed for retail use, with an available size of 2,045 square feet.

The property is situated in the Wicker Park / Noble Square area. Public transit access is highlighted by nearby bus stops, including a #56 Milwaukee bus stop described as a 2-minute walk, as well as #9 Ashland, #X9 Ashland Express, and #70 Division bus stops reported as 0.1 miles away. The Blue Line train and the Union Pacific North and Northwest train stations are noted as 0.9 miles from the site.

Additional neighborhood context provided is that the area is walkable and close to grocery stores, restaurants, and parks, with proximity to the recently repurposed 606 rail line.

Key Highlights

  • New construction: 2,045 SF ground‑floor retail space available within The Ash luxury apartment development
  • Located in the Wicker Park / Noble Square area
  • Near the recently repurposed 606 rail line

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

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,645
Businesses Nearby
251k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 26% Shops & Services 20% Home Improvements & Furnishings 12%
Jewel-Osco Groceries
65,395 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.2 miles
Wendy's Dining
29,664 visits/mo 0.2 miles
BP Shops & Services
17,264 visits/mo 0.5 miles
BP Shops & Services
13,250 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

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 41% above the average of $27.62 /SF/Yr.

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 - New construction ground-floor retail space is available within The Ash luxury apartment development.
Where is this retail space located?
The property is located at 1257 N Ashland Ave Chicago, IL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: New construction: 2,045 SF ground‑floor retail space available within The Ash luxury apartment development; Located in the Wicker Park / Noble Square area; Near the recently repurposed 606 rail line
(312) 513-8333 Call to check price and availability
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