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3011-3013 Ashland Ave Chicago, IL 60657

OFF-MARKET Retail properties & Spaces Google Maps
2,400 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2,400 square foot executive office condo is located in Chicago's desirable Lake View neighborhood at 3011-3013 N Ashland Ave. Situated on the ground floor of a four-story mixed-use building with a striking brick façade, this property offers a high-quality buildout featuring high-end finishes, a kitchenette, and two powder rooms. The space is currently configured as an office but is zoned B1-2, allowing for retail use as well, making it ideal for owner-occupancy or investment. Two deeded parking spaces are included—one indoor space in an attached garage and one outdoor space in the rear. The unit boasts two electrical panels and two furnace rooms, providing two distinct HVAC zones. The building also includes six residential condos on the upper floors. Annual HOA fees are $3,508, and 2023 property taxes totaled $18,450 ($9,225 per PIN). This prime location offers excellent visibility and proximity to a vibrant mix of retail, restaurants, and nightlife, with nearby national tenants including Whole Foods, Jewel, and Starbucks. The property presents a unique opportunity to own a versatile and well-appointed commercial space in a highly sought-after Chicago neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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