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Three-Tenant Medical Retail Property

3301-3325 North Ashland Avenue, Chicago, IL 60657

For Sale
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The building dates to 2015 and is occupied by three medical retail tenants.

Property Size13,775 SF
Days on Market50

Property Features for 3301-3325 North Ashland Avenue

General Information

Standard status Active
Size 13,775 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $667,975

Site & Location

Neighborhood Lakeview

Building Details

Building Size 13,775 SF
Year Built 2015
Tenancy Multi
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Joe Girardi · License IL #471014197
Source: Midamericagrp
Added: Sep 26 Changed: Nov 13 Last Checked: Nov 12 at 5:24AM

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 Mid-America Real Estate Group | Chicago

Rey
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Investment Insights

Based on property information with market context.

This 2015-built retail property is configured for three medical tenants and is fully leased. The offering is the fee simple interest in the property.

The asset is located at 3301-3325 North Ashland Avenue in Chicago’s Lakeview neighborhood.

Key Highlights

  • Three medical retail tenants occupy the property
  • Built in 2015
  • Located at 3301‑3325 North Ashland Avenue in Chicago’s Lakeview neighborhood

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Mobile Phone Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,158
Businesses Nearby
303k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 20% Dining 11% Superstores 11%
Whole Foods Market Groceries
64,387 visits/mo 0.1 miles
Jewel-Osco Groceries
55,541 visits/mo 0.4 miles
Target Superstores
32,877 visits/mo 0.1 miles
Shell Shops & Services
15,013 visits/mo 0.4 miles
Anthropologie Apparel
14,685 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Retail space in Chicago, IL

$223 Jul
$206 Aug
$199 Sep
$196 Oct

Properties on Market for Retail space in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The building dates to 2015 and is occupied by three medical retail tenants.
Where is this retail space located?
The property is located at 3301-3325 North Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Three medical retail tenants occupy the property; Built in 2015; Located at 3301‑3325 North Ashland Avenue in Chicago’s Lakeview neighborhood
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