150 Ashland Ave, Chicago, IL 60607
This exceptional 207,000 square foot, single-tenant retail space presents a unique investment opportunity in Chicago's vibrant Fulton Market district. Located at 150 N Ashland Ave (cross streets Ashland/Lake), this new construction (2024) storefront boasts a highly desirable corner location at the base of a 210-unit luxury apartment building, ensuring a built-in customer base and high foot traffic. The property features a single-story design within a twelve-story building, offering excellent visibility and accessibility. Its PD1500 zoning allows for a wide range of retail uses. This is an unparalleled chance to establish a flagship location in one of Chicago's most sought-after neighborhoods. The building's modern design and prime location combine to create an exceptional retail environment. The address, 150 N Ashland Ave, Chicago, IL 60607, places the property within easy reach of a dense population and significant commercial activity. This is a rare opportunity to secure a prominent retail space in a rapidly growing area with strong potential for long-term success. The single-tenant occupancy simplifies management and allows for customized tenant improvements. Don't miss this chance to own a piece of Chicago's thriving Fulton Market.
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The Thompson at Fulton Market Apartment Complex Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.