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    3614 N Ashland Ave Chicago, IL 60613

    For Lease
    $26 SF/Yr

    2000 SF retail/office space in Lakeview near public transportation.

    Property Features for 3614 N Ashland Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1892

    Source: @PROPERTIES COMMERCIAL Agent DYLAN CARRIGAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeview Retail or Office Space

    This 2000 SF space, suitable for retail or office use, is located in Lakeview on Ashland Avenue, just north of Addison Street. The property benefits from heavy daily driving traffic and close proximity to the corner, enhancing visibility. The interior features large front windows and a reception area. Wood floors extend throughout the space, complemented by tall ceilings. The layout includes multiple patient rooms, a spa room, and a private bathroom. Transportation options are readily accessible, with the Addison/Lincoln Brown Line Train Station located 0.3 miles away. The property also offers convenient access to Lake Shore Drive, multiple bus stops, and Divvy stations. Area tenants include a Shell Gas Station, Trespasada Restaurant, Urban Lift Salon, Artis Senior Living of Lakeview, PNC Bank, and Cafe Tola.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stand Up For Kids ... Volunteer Organization Di Da Di ... Massage Spa

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6658785
    Latitude
    41.8282919

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    FAQs

    What type of property is this?
    Retail space - 2000 SF retail/office space in Lakeview near public transportation.
    Where is this retail space located?
    The property is located at 3614 N Ashland Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Ashland Avenue in Lakeview, near Addison Street, offering excellent visibility.; - Versatile 2000 SF space suitable for retail or office use.; - Close proximity (0.3 miles) to the Addison/Lincoln Brown Line train station and other public transportation options (buses, Divvy).
    (312) 506-0200
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    3614 N Ashland Ave Chicago, IL 60613
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    Chicago, IL 60613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3614 N Ashland Ave Chicago, IL 60613
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