Ground-Floor Retail
For Lease
Contact for pricing
1501 N Ashland Avenue, Chicago, IL 60622
Commercial Lease, Chicago, IL
Space Size3,695 SF
Days on Market54
Property Features for 1501 N Ashland Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning
RTAIL
Directions
1/2 block South of North Avenue and Ashland intersection
Subdivision
CHI - West Town
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Utilities
Cooling system
Central Air
Amenities
floor-to-ceiling windows
clear height
walkability
transit access
adjacent to 606 bike path
Building Details
Year built
2026
Floors in Building
1
Building materials
Concrete, Block, Steel Siding
Listing Agency:
Look With Laura
(773) 513-9326
Listed By:
Laura Renaldo · License #471017330
(773) 513-9326
Added: Jul 11
Changed: Aug 20
Last Checked: Sep 2 at 12:06AM
MLS# 12702389
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,695-square-foot ground-floor retail space is part of a mixed-use mid-rise currently under construction and scheduled for completion in 2026. The building includes 43 residential units above the commercial level, while the premises offer floor-to-ceiling windows, generous clear height, central air, and concrete, block, and steel siding construction. The layout can accommodate retail, restaurant, showroom, or office use as supported by the property information.
The space fronts Ashland Avenue in Chicago’s Wicker Park area, with street parking and walkable access to nearby restaurants, retailers, and residential density. The Division Blue Line station is a 5-minute walk away, the 606 bike path is adjacent, and the North Avenue exit of 90/94 is nearby.
The space fronts Ashland Avenue in Chicago’s Wicker Park area, with street parking and walkable access to nearby restaurants, retailers, and residential density. The Division Blue Line station is a 5-minute walk away, the 606 bike path is adjacent, and the North Avenue exit of 90/94 is nearby.
Key Highlights
- 3,695 SF ground‑floor retail space
- 43 residential units located above the commercial space
- Floor‑to‑ceiling windows with Ashland Avenue exposure
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,551
Businesses Nearby
382k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 25%
Groceries 17%
Apparel 9%
Jewel-Osco
Groceries
65,395 visits/mo
0.2 miles
Barnes & Noble
Shops & Services
48,824 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.2 miles
Wendy's
Dining
29,664 visits/mo
0.5 miles
BP
Shops & Services
17,264 visits/mo
0.3 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
$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size
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 windows and access to public transit on Ashland Avenue.
Where is this retail space located?
The property is located at 1501 N Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: 3,695 SF ground‑floor retail space; 43 residential units located above the commercial space; Floor‑to‑ceiling windows with Ashland Avenue exposure
