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Three-Tenant Medical Retail Property
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3301-3325 North Ashland Avenue, Chicago, IL 60657

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

Property Size13,775 SF
Days on Market2

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

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 #471014197
Source: Midamericagrp
Added: Sep 26 Last Checked: Sep 26 at 3:03PM

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

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

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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

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?
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
More about this property
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