Ground-Floor Retail
For Lease
$35 SF/Yr
1501 N Ashland Avenue, Chicago, IL 60622
Street-facing commercial space with full-height glazing, generous clear height, and access to public transit.
Space Size3,695 SF
Days on Market33
Property Features for 1501 N Ashland Avenue
General Information
Standard status
Active
Size
3,695 SF
Net Rentable
3,695 SF
Zoning
RTAIL
Space & Availability
Available Space
3,695 SF
Contiguous Space
3,695 SF
Floor
Ground
Additional Details
Highway Access
Yes
Amenities
floor-to-ceiling windows
generous ceiling height
public transit access
adjacent to 606 bike path
close proximity to 90/94 expressway
Building Details
Year Built
2026
Stories
1
Tenancy
Multi
Listing Agency:
Look With Laura
(773) 513-9326
Listed By:
Laura Renaldo · License #471017330
(773) 513-9326
Source:
Cavanaghrealty
Added: Jul 11
Changed: Aug 8
Last Checked: Aug 11 at 1:48PM
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 Look With Laura
Investment Insights
Based on property information with market context.
This 3,695 SF ground-floor commercial space occupies the base of a 2026 mixed-use mid-rise with 43 residential units. Full-height windows face Ashland Avenue, providing a prominent storefront profile, while the generous clear height supports flexible interior planning. The space is identified for retail, restaurant, or office use, with street parking available.
The property is located at 1501 N Ashland Avenue in Chicago’s Wicker Park neighborhood. The Division Blue Line station and a popular shopping center are within a 5 Min Walk, and the site is adjacent to the 606 bike path. The North Avenue exit of the 90/94 Expressway is also nearby, with restaurants, boutique retailers, residences, and entertainment destinations surrounding the corridor.
The property is located at 1501 N Ashland Avenue in Chicago’s Wicker Park neighborhood. The Division Blue Line station and a popular shopping center are within a 5 Min Walk, and the site is adjacent to the 606 bike path. The North Avenue exit of the 90/94 Expressway is also nearby, with restaurants, boutique retailers, residences, and entertainment destinations surrounding the corridor.
Key Highlights
- 3,695 SF ground‑floor retail space
- Full‑height windows provide Ashland Avenue frontage
- Located at the base of a 43‑unit mixed‑use mid‑rise
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,855
Businesses Nearby
328k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Home Improvements & Furnishings 24%
Groceries 20%
Shops & Services 18%
Jewel-Osco
Groceries
65,395 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
47,033 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.3 miles
Wendy's
Dining
29,664 visits/mo
0.5 miles
BP
Shops & Services
17,264 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
$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size
This space is priced 36% above the average of $25.68 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Street-facing commercial space with full-height glazing, generous clear height, and access to public transit.
Where is this retail space located?
The property is located at 1501 N Ashland Avenue Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 3,695 SF ground‑floor retail space; Full‑height windows provide Ashland Avenue frontage; Located at the base of a 43‑unit mixed‑use mid‑rise
