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West Town Corner Commercial Space
For Lease
$40 SF/Yr

846 N Ashland Avenue #1F, Chicago, IL 60622

Impeccable corner commercial space in bustling West Town.

Space SizeContact for details
Days on Market274

Property Features for 846 N Ashland Avenue #1F

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1906
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: MIA HUTH
Source: Corcoran
Added: Nov 3, 2025 Changed: Jul 10 Last Checked: Aug 4 at 7:49AM

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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

This corner commercial space is located in the bustling West Town neighborhood. The space is in a fully gut rehabbed building and features new mechanicals, central heat and AC, hardwood flooring, and windows. A large basement with high ceilings is available for additional storage. The property is zoned B1-2 and is suitable for a store, office, coffee shop, or gallery.

Key Highlights

  • Impeccable, fully gut‑rehabbed corner commercial space with great visibility.
  • Brand new mechanicals, central heat and AC, gorgeous hardwood flooring and windows.
  • Large basement with high ceilings for additional storage.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Adult Day Care Accounting Firm

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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,276
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 76% Shops & Services 22% Electronics 1% Beauty & Spa 1%
McDonald's Dining
38,181 visits/mo 0.5 miles
Wendy's Dining
29,664 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,777 visits/mo 0.4 miles
Shell Shops & Services
7,577 visits/mo 0.5 miles
Family Dollar Shops & Services
7,249 visits/mo 0.2 miles

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

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size

This space is priced 57% above the average of $25.43 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Impeccable corner commercial space in bustling West Town.
Where is this retail space located?
The property is located at 846 N Ashland Avenue #1F Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Impeccable, fully gut‑rehabbed corner commercial space with great visibility.; Brand new mechanicals, central heat and AC, gorgeous hardwood flooring and windows.; Large basement with high ceilings for additional storage.
More about this property
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