1524 N Ashland Avenue, Chicago, IL 60622

Building Details

Year Built

2018

Listing agent ADAM LENCHNER License #475191332

Listing office ALLURE REAL ESTATE L***@allure.realestate Show Phone

Listing date Jul 12, 2025

Source Corcoran

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Overview

This live/work property offers a unique opportunity with 1200 square feet of retail space and parking, plus an additional 1200+ square feet of basement storage with curb exposure. There is a possibility to secure residential space above upon tenant turnover in the upcoming years. The property has easy access to I-90/94, public transit, and the 606 trail. Located in Wicker Park, it benefits from high foot traffic from nearby residents and restaurants, with 20,000 vehicles per day. Increased commercial activity is anticipated due to a new hotel being built across the street. Zoned B3-2, the space is suitable for various businesses, including retail, restaurant/cafe, office, or medical use. The building has been recently renovated with new electrical wiring, furnace, HVAC, and copper plumbing. The retail space is turnkey ready in white box condition and includes a built-out ADA bathroom. The owner is willing to help offset tenant's TI costs with rent credits. The property is available for immediate occupancy.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.668

Latitude

41.9096

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FAQs

What type of property is this?

Mixed-use property - Renovated retail space with basement storage and high foot traffic.

Where is this mixed-use property located?

The property is located at 1524 N Ashland Avenue Chicago, IL.

What is the lease rate?

The lease rate is $30 SF/Yr.

What are key features of this property?

This property features: 1200 SF retail space with parking and an additional +1200 SF of basement storage in high‑traffic Wicker Park location (20K VPD).; Turnkey‑ready retail space in white box condition with a built‑out ADA bathroom and new renovations (electrical, furnace, HVAC, plumbing).; B3‑2 zoning allows for a wide range of business uses (retail, restaurant, office, medical, etc.).