Ground-Floor Retail
For Lease
Contact for pricing
1501 N Ashland Avenue, Chicago, IL 60622
COMMERCIAL - Chicago, IL
Space SizeContact for details
Days on Market34
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
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 4
Last Checked: Aug 13 at 9:06AM
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.
Ground-floor retail space is available for lease at 1501 N Ashland Avenue, Chicago, IL 60622, positioned within the base of a luxury mid-rise that includes 43 upscale residential units above. The space is defined by expansive floor-to-ceiling windows and generous clear height, supporting flexible retail and service layouts.
The offering is presented with C1-3 zoning, and the building’s Ashland Avenue exposure is designed to support visibility for a showroom, boutique, cafe, or similar ground-floor concepts. Street parking is available, and the location is described as walkable with public transit access, including proximity to the Division Blue Line.
This is a dedicated ground-floor commercial opportunity within a mixed-use vertical development, with street-level presence and a modern retail-facing façade at the base of the building.
The offering is presented with C1-3 zoning, and the building’s Ashland Avenue exposure is designed to support visibility for a showroom, boutique, cafe, or similar ground-floor concepts. Street parking is available, and the location is described as walkable with public transit access, including proximity to the Division Blue Line.
This is a dedicated ground-floor commercial opportunity within a mixed-use vertical development, with street-level presence and a modern retail-facing façade at the base of the building.
Key Highlights
- Ground‑floor retail space available for lease at the base of a new luxury mid‑rise in Wicker Park
- 3,695 SF available with expansive floor‑to‑ceiling windows for Ashland Avenue exposure
- Zoned C1‑3 for retail, restaurant, or office uses
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
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 - Ground-floor retail space for lease at the base of a luxury mid-rise with frontage via floor-to-ceiling windows.
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: Ground‑floor retail space available for lease at the base of a new luxury mid‑rise in Wicker Park; 3,695 SF available with expansive floor‑to‑ceiling windows for Ashland Avenue exposure; Zoned C1‑3 for retail, restaurant, or office uses
