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Contiguous Mixed-Use Buildings for Sale
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1235 N Ashland Ave, Chicago, IL 60622

Two contiguous buildings comprise one one-story structure and one two-story structure on a single urban-infill site.

Property Size6,620 SF
Lot Size0.13 Acres
Days on Market121

Property Features for 1235 N Ashland Ave

General Information

Standard status Active
Size 6,620 SF
Lot size 0.13 Acres
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Highway Access Yes
Listing Agency: Greenstone Partners
Listed By: Brewster Hague · License #IL 475.165689
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:30PM

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.

Greenstone Partners presents the opportunity to acquire the 100% fee-simple interest in 1235–1237 N. Ashland Avenue, two contiguous urban-infill buildings on ±5,760 square feet of land.

1235 N. Ashland Ave features a single-story ±12,500 square foot building, and 1237 N. Ashland Ave features a two-story ±4,120 square foot building. The properties are positioned on the east side of N. Ashland Avenue between Division and Blackhawk Streets in Chicago’s Wicker Park neighborhood.

Daily trip generators include Target, Jewel-Osco, and Lowe’s within one block. The properties are steps from the CTA Division Blue Line ‘L’ Station, which serves 1.9 million annual passengers and connects Wicker Park to O’Hare International Airport and downtown Chicago’s Loop. CTA #9, #56, and #70 bus routes run along Milwaukee, Ashland, and Division. Access to Interstate 90/94 is approximately 1/3 mile to the east.

Key Highlights

  • Two contiguous buildings on a single urban‑infill site at 1235–1237 N. Ashland Ave in Chicago’s Wicker Park
  • Total land area of 15,760 SF with an east‑side N. Ashland Ave location between Division and Blackhawk
  • 1235 N. Ashland Ave: single‑story 12,500 SF building

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

Yes
Highway access

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

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?
Mixed-use property - Two contiguous buildings comprise one one-story structure and one two-story structure on a single urban-infill site.
Where is this mixed-use property located?
The property is located at 1235 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Two contiguous buildings on a single urban‑infill site at 1235–1237 N. Ashland Ave in Chicago’s Wicker Park; Total land area of 15,760 SF with an east‑side N. Ashland Ave location between Division and Blackhawk; 1235 N. Ashland Ave: single‑story 12,500 SF building
(917) 251-9087 Call to check price and availability
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