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Grocery-Anchored Lakeview Retail Center
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2862-2928 N Ashland Ave, Chicago, IL 60657

Grocery-anchored retail center with surface parking on Ashland Ave, reporting 23,500 VPD.

Property Size19,979 SF
Days on Market143

Property Features for 2862-2928 N Ashland Ave

General Information

Standard status Active
Size 19,979 SF
Property subtype RETAIL
Listing Agency: JLL - Corporate
Listed By: Brian Page
Source: Moodyscre
Added: Mar 12 Changed: Jul 26 Last Checked: Jul 31 at 3:16AM

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 JLL - Corporate

Investment Insights

Based on property information with market context.

Located at 2862-2928 N Ashland Ave in Chicago’s Lakeview area, this for-sale retail center features grocery-anchored shop space and surface-level parking. The property is positioned along Ashland Avenue with reported 23,500 VPD, supporting straightforward drive-up access for customers.

The surrounding trade area is described as having a population of 66,422 and an average household income of $229,480 within one mile. The offering also notes exceptional proximity to Downtown Chicago, Wrigley Field, I-90/94, and CTA Transit.

Designed as a shop-space configuration anchored by a grocery use, the center is presented as the only grocery-anchored shop space in Lakeview, with convenient surface parking to serve local demand.

Key Highlights

  • Grocery‑anchored retail center with surface‑level parking on Ashland Ave
  • Ashland Ave traffic count of 23,500 VPD
  • Affluent Lakeview demographics: 66,422 population and $229,480 average household income within one mile

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Catering Service Nursing Home Butcher Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,519
Businesses Nearby
284k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 29% Dining 25% Beauty & Spa 2%
Whole Foods Market Groceries
64,387 visits/mo 0.4 miles
Jewel-Osco Groceries
55,541 visits/mo 0.1 miles
McDonald's Dining
36,369 visits/mo 0.0 miles
Fifth Third Bank & ATM Shops & Services
15,951 visits/mo 0.4 miles
Taco Bell Dining
14,322 visits/mo 0.5 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored retail center with surface parking on Ashland Ave, reporting 23,500 VPD.
Where is this shopping center located?
The property is located at 2862-2928 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Grocery‑anchored retail center with surface‑level parking on Ashland Ave; Ashland Ave traffic count of 23,500 VPD; Affluent Lakeview demographics: 66,422 population and $229,480 average household income within one mile
(312) 940-6848 Call to check price and availability
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