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Mixed-Use Property with Three Buildings
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1257 N Ashland Ave, Chicago, IL 60622

Assemblage includes approved B2-3 upzoning plans and TOD benefits near retail, transit, and Interstate 90/94.

Property Size12,280 SF
Lot Size0.22 Acres
Days on Market147

Property Features for 1257 N Ashland Ave

General Information

Standard status Active
Size 12,280 SF
Lot size 0.22 Acres
Property subtype Mixed Use
Zoning B2-3

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 3
Listing Agency: Greenstone Partners
Listed By: Brewster Hague · License #IL 475.165689
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Aug 30 at 2:45PM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

The property at 1257 N. Ashland Ave. comprises three contiguous buildings on approximately 9,763 square feet of land. The improvements include a single-story building of approximately 2,880 square feet, a three-story building of approximately 5,500 square feet, and another three-story building of approximately 3,900 square feet. The offering conveys the 100% fee-simple interest.

Plans to rezone the property to B2-3 and obtain TOD benefits were approved by the Zoning Board of Appeals in August 2023, with aldermanic support. The site is in Chicago’s Wicker Park neighborhood, near Target, Jewel-Osco, and Lowe’s. The CTA Division Blue Line station is within steps and recorded 1.9 million annual passengers; CTA routes 9, 56, and 70 serve the surrounding streets. Interstate 90/94 is approximately one-third mile away.

New development nearby has added more than 450 condominium and apartment units, while national and local retailers and restaurants surround the property.

Key Highlights

  • Three contiguous buildings on approximately 9,763 square feet of land
  • Approximately 2,880 SF single‑story building plus two three‑story buildings of approximately 5,500 SF and 3,900 SF
  • Plans for B2‑3 zoning and TOD benefits approved in August 2023

Property Analytics

Current Use

Mixed-use properties

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,645
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Assemblage includes approved B2-3 upzoning plans and TOD benefits near retail, transit, and Interstate 90/94.
Where is this mixed-use property located?
The property is located at 1257 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Three contiguous buildings on approximately 9,763 square feet of land; Approximately 2,880 SF single‑story building plus two three‑story buildings of approximately 5,500 SF and 3,900 SF; Plans for B2‑3 zoning and TOD benefits approved in August 2023
(312) 614-1498 Call to check price and availability
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