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Commercial Condo Office Space
For Lease
$39 SF/Yr

859 N Ashland Avenue #Commercial, Chicago, IL 60622

Well-maintained office suite with ADA restroom, 12-foot ceilings, and flexible build-out options in a B1-3 zone.

Space SizeContact for details
Days on Market117

Property Features for 859 N Ashland Avenue #Commercial

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Rubber Roof

Building Details

Year Built 2015
Listing Agency: FULTON GRACE REALTY
Listed By: ARNELL CORDERO · License #475156122
Source: Corcoran
Added: Apr 27 Changed: Aug 20 Last Checked: Aug 20 at 4:45AM

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 FULTON GRACE REALTY

Investment Insights

Based on property information with market context.

This commercial condo office suite is offered for rent in a B1-3 zoning district. The space includes 12-foot ceilings, an ADA restroom, and well-maintained mechanical systems, supporting a functional, ready-to-occupy office environment. Build-outs are available and can be negotiated, with a modified lease structure also offered that includes real estate taxes.

The property is located on North Ashland Avenue, a corridor with traffic described as easily in the tens of thousands of vehicles daily. Public remarks note overflow and shared demand from neighboring businesses including eatery, medical, and retail establishments.

Available suite options are described as over 600 square feet, with additional details available on request. Video is available upon request.

Key Highlights

  • Commercial condo available in B1‑3 zoning
  • Well‑maintained office suite with 12‑ft high ceilings
  • ADA restroom included

Property Analytics

Current Use

West Town Physical ... Physician

Suggested Use

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

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
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,120
Businesses Nearby

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

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 33% above the average of $29.31 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained office suite with ADA restroom, 12-foot ceilings, and flexible build-out options in a B1-3 zone.
Where is this office units located?
The property is located at 859 N Ashland Avenue #Commercial Chicago, IL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Commercial condo available in B1‑3 zoning; Well‑maintained office suite with 12‑ft high ceilings; ADA restroom included
More about this property
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