2435 North Ashland Avenue Chicago, IL 60614
Single-tenant NNN investment property in Chicago's West Lincoln Park.
Property size:
2,034 SF- Added:
- Jun 27, 2025
- Days on Market:
- 296
- Last Refresh:
- Mar 13 at 8:31 am
Property Features for 2435 North Ashland Avenue
General Information
- Standard status
- Active
- Size
- 2,034 SF
Building Details
- Year Built
- 1889
Listing agent Tom Wagner License #475176488 (847) 638-2659
Listing office Compass (847) 638-2659
Listing date Jun 27, 2025
Source Compass
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 Compass
Overview
Lincoln Park NNN Investment Opportunity
This single-tenant NNN investment opportunity is located in the West Lincoln Park neighborhood of Chicago. The property is 100% occupied by Mpower Energy, an independent retail supplier of electricity and natural gas, which has occupied the entire building since 2019. Upon closing, Mpower Energy will execute a new 5-year NNN lease with minimal landlord responsibilities. The lease includes 2% annual escalations. The property is situated near the corner of Ashland Avenue and Fullerton Avenue, experiencing over 27,000 vehicles daily. It is also located 0.5 miles from the DePaul University campus and 0.75 miles from I-90. The property is zoned B3-2, allowing for commercial uses on the first floor and residential uses above. The property size is 2,034 square feet. This offering represents a secure, long-term, passive investment in a desirable area of Chicago.
Location Intelligence
Current Use by Public Records
Kotz-Joob Nanette S
Physician
Mpower Direct
Solar Energy Company
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6678455
- Latitude
- 41.926198
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FAQs
What type of property is this?
NNN property - Single-tenant NNN investment property in Chicago's West Lincoln Park.
Where is this nnn property located?
The property is located at 2435 North Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Single‑tenant NNN investment with a new 5‑year lease, minimal landlord responsibilities.; 100% occupied by Mpower Energy since 2019.; Located in the desirable West Lincoln Park neighborhood of Chicago.
