Listing Agency: Miller Chicago

Listed By: Andrea Miller · License #IL 471016960 Show Phone

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Sep 3 at 2:01AM

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Investment Insights

Based on property information with market context.

This retail space at 1440 N Ashland Avenue in Chicago, IL 60622 contains 5,310 SF and is offered for sale.

The property is reported with a 7.44% CAP, providing a concise financial metric for review alongside the retail configuration.

Key Highlights

• 5,310 SF of retail space
• 7.44% CAP
• Located at 1440 N Ashland Avenue, Chicago, IL 60622

Property Analytics

Property Profile

Current Use

Fairway Independent Mortgage ... Loan Service Darren Air Duct ... HVAC Service Christina M. Villa ... Art Studio Wicker Park Imports Furniture & Home Goods Rcp Publications Publishing House

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care Clothing & Fashion Store Fish Market Farmer's Market

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

4,475

Businesses Nearby

339k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Groceries 19% Shops & Services 18% Apparel 9%

Jewel-Osco Groceries

65,395 visits/mo 0.1 miles

Lowe's Home Improvements & Furnishings

31,134 visits/mo 0.1 miles

Wendy's Dining

29,664 visits/mo 0.3 miles

BP Shops & Services

17,264 visits/mo 0.4 miles

BP Shops & Services

13,250 visits/mo 0.4 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space offered for sale on North Ashland Avenue.

Where is this retail space located?

The property is located at 1440 N Ashland Avenue Chicago, IL.

What are key features of this property?

This property features: 5,310 SF of retail space; 7.44% CAP; Located at 1440 N Ashland Avenue, Chicago, IL 60622