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Urban Development Site with Outparcels
For Sale
Contact for pricing
Pending

2850 N Ashland Avenue, Chicago, IL 60657

Three parcels totaling about 2.98 acres include existing manufacturing and garden center structures.

Lot Size2.98 Acres
Days on Market112

Property Features for 2850 N Ashland Avenue

General Information

Standard status Pending
Lot size 2.98 Acres
Property subtype Industrial, Land
Listing Agency: Colliers - Rosemont, Illinois
Listed By: Michael Senner · License #IL 475128639
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 29 at 3:53PM

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 Colliers - Rosemont, Illinois

Investment Insights

Based on property information with market context.

This offering includes three parcels totaling approximately 2.977 acres, presented as a high-profile development site with existing improvements. The property is currently identified by a prominent single-story manufacturing structure along Ashland Avenue, a small single-story structure on Wolfram Street, and an urban garden center on both outparcels.

The site is located in Chicago’s West DePaul (Lakeview) neighborhood between Diversey Parkway and Wolfram Streets, and from Ashland Avenue to Paulina Street. Development can be considered with the existing structures described for potential redevelopment.

The parcels and existing uses create a consolidated footprint intended for redevelopment, with frontage and depth spanning the area between Ashland Avenue and Paulina Street.

Key Highlights

  • Three parcels totaling 129,687 SF (about 2.977 acres) in Chicago’s West DePaul (Lakeview) neighborhood.
  • Site includes a prominent single‑story manufacturing structure on Ashland Avenue.
  • Additional single‑story structure on Wolfram Street.

Property Analytics

Current Use

Extra Space Storage Storage Facility

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Catering Service Nursing Home Butcher Coworking & Hybrid Office

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

Location Intelligence

Trade Area within ½ mile

3,519
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Three parcels totaling about 2.98 acres include existing manufacturing and garden center structures.
Where is this industrial land located?
The property is located at 2850 N Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Three parcels totaling 129,687 SF (about 2.977 acres) in Chicago’s West DePaul (Lakeview) neighborhood.; Site includes a prominent single‑story manufacturing structure on Ashland Avenue.; Additional single‑story structure on Wolfram Street.
More about this property
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