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Kinzie Corridor Warehouse with Parking
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400 N Ashland Ave, Chicago, IL 60622

20,520 SF warehouse with secure parking in Kinzie Corridor.

Space SizeContact for details
Lot Size1.30 Acres
Days on Market168

Property Features for 400 N Ashland Ave

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Industrial
Listing Agency: NAI Hiffman
Listed By: Alex Sutterer · License #475166355
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 4:52AM

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 NAI Hiffman

Investment Insights

Based on property information with market context.

Located in the Kinzie Corridor, 400 N Ashland Ave offers 20,520 square feet of space with flexible zoning and a versatile layout suitable for various uses. The property includes 1.3 acres of secured parking, accommodating approximately 80 spaces, and features two interior docks with the ability to add a drive-in door. The building has undergone institutional-quality improvements, including a new roof and skylights, reinforced bow-truss, and LED lighting. The available space includes approximately 2,100 square feet of existing office space. The warehouse provides a clear height ranging from 13 feet 2 inches to 14 feet 6 inches and is equipped with 400 Amps of 120/240 Volt power. The property is situated 1.1 miles from the I-290 expressway and 1.2 miles from the I-90/I-94 expressways, with convenient access to public transportation via the Ashland Ave "L" stop, located 0.3 miles away. The total building size is approximately 33,403 square feet.

Key Highlights

  • 20,520 SF available with flexible zoning in the Kinzie Corridor.
  • Benefit from 1.3 acres of secured parking/outdoor storage with +/-80 spaces.
  • Recently renovated with institutional quality improvements** including new roof, skylights, and reinforced bow‑truss.

Property Analytics

Current Use

PortionPac Chemical Corporation Industrial Manufacturer

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Garden Center Veterinary Clinic Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,087
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$13.23 /SF/Yr
Avg Asking Price
$5.5–$25 /SF/Yr
Price Range
68,898 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 20,520 SF warehouse with secure parking in Kinzie Corridor.
Where is this warehouse located?
The property is located at 400 N Ashland Ave Chicago, IL.
What are key features of this property?
This property features: 20,520 SF available with flexible zoning in the Kinzie Corridor.; Benefit from **1.3 acres of secured parking/outdoor storage** with +/-80 spaces.; Recently renovated with institutional quality improvements** including new roof, skylights, and reinforced bow‑truss.
More about this property
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