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    1220 S Ashland Ave Chicago, IL 60608
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    Property profile & analytics

    1220 S Ashland Ave, Chicago, IL 60608

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    • Grocery and convenience stores
    Grocery-Anchored Retail Center For Sale For Sale
    $30,600,000

    Grocery-Anchored Retail Center For Sale

    Retail center near Chicago Fire training facility, medical center, and university.

    1220 S Ashland Avenue |, Chicago, IL 60608
    View Listing
    Property ID
    US28-5768338
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Huntington Bank / Bank / Loan Service
    • Papas Lockers Self Storage Unit / Storage Facility
    • Crozet Self Storage Unit / Storage Facility
    • Chandni R. Patel, PharmD / Pharmacy

    Property Details for 1220 S Ashland Ave

    Property type
    Grocery and convenience stores
    APN
    17-19-207-058
    APU
    1719207058

    Description

    This exceptional multi-tenant retail center, located at the bustling intersection of W Roosevelt Rd & S Ashland Ave in Cook County, offers five available spaces ranging from 774 to 2,744 square feet. The property is strategically positioned as a grocery-anchored shopping center, ensuring high foot traffic and visibility. Its prime location boasts significant advantages, including immediate adjacency to the University of Illinois Medical Center and a Costco, guaranteeing a consistent flow of customers. Furthermore, the center benefits from its close proximity to the University of Illinois at Chicago, a major institution with over 16,000 undergraduates, providing a substantial and readily accessible consumer base. The surrounding area is densely populated, with over 459,000 people residing within a 3-mile radius, creating a robust market for retail businesses. This thriving commercial hub presents a unique opportunity for businesses seeking high-traffic locations with strong demographics and established anchor tenants. The available spaces are ideal for a variety of retail uses, offering flexibility and potential for significant growth within a well-established and successful shopping center. The property's convenient location and strong tenant mix make it an attractive investment opportunity. Contact us today to learn more about the available spaces and lease terms.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $30,600,000
      ML approach
      $30,600,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6681
    Latitude
    41.866
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $503,061
    $595,536
    $1,841,964
    $2,437,500
    -
    $2,382,144
    $7,367,856
    $9,750,000
    View Listing
    More about this property
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