The Ace on Ashland

For Lease

1023 N Ashland Ave, Chicago, IL 60622

You can currently find 1 retail space(s) available for lease at The Ace on Ashland. Designated use type for space listed here includes street retail. Current retail listings at this property total 2,200 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at The Ace on Ashland.

Space Available For Lease 1

Contacts

broker

Adam C. Thomas

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 26,000 SF
  • Units 33
  • Additional Rent Contact for pricing
  • Year Built 2018
  • Date Updated Sep 7, 2024
The West Town area of Chicago is bordered by Wicker Park, East Village, Noble Square and Ukrainian Village. Originally occupied by Ukrainian immigrants in the early 1900s this neighborhood has long been a stable community and has flourished in recent years. Tree-lined streets; strong housing stock and its proximity to Chicago’s downtown have made this neighborhood a favorite choice to Chicago’s residents. Online real estate website Redfin.com even named Ukrainian village the hottest neighborhood in the nation in 2016. The West Town Retail Corridor located on Chicago Avenue is the main retail corridor in the neighborhood. Many retail stores restaurants and service retail businesses operate on Chicago Avenue which contributes to the desirability and charm of the neighborhood. Chicago Avenue is proving itself to be a dining destination with one restaurant Vajra added to the 2021 Michelin Bib Gourmand list and newcomer Porto receiving one Michelin Star.Excellent retail space available along highly visible Ashland Avenue in Chicago's West Town. The space is located in a luxury apartment building and is built out with two (2) locker rooms each with two (2) showers & private bathroom stalls. The space also features a 200A electrical service, ~13' ceilings and +50' of frontage.

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Highlights

  • 2,200 SF 2nd generation retail space available.
  • Excellent West Town location with +50’ of frontage along highly trafficked Ashland Avenue.
  • Great storefront exposure and ~13’ ceiling height.
  • Existing buildout of former fitness space inclusive of two (2) locker rooms each with two (2) showers & private bathroom stalls.
  • Easy access to public transportation via Division Blue Line L Station and CTA Bus routes.
  • Walking distance to Division Street retail corridor, home to; Solidcore, Salon Lofts, Starbucks, Target, Bangers & Lace, Mama Delia, Little Victories, FedEx, Tous Les Jours, Bonchon, Alliance Bakery, Good Vets, Yolk, Tortello, Parlor Pizza and more.

Getting around

  • 98/100

    Walk Score ®

  • 75/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Noble Square
  • Zip Code 60622
  • Market Chicago

Points of Interest

  • Grand

    1.17 miles

  • Morgan

    1.30 miles

  • Chicago

    1.64 miles

  • Clinton

    1.65 miles

  • Racine

    1.74 miles

  • taxi rank

    1.74 miles

  • Merchandise Mart

    1.89 miles

  • UIC-Halsted (Morgan Street)

    1.89 miles

  • UIC-Halsted (Halsted Street)

    2.00 miles

  • Grand

    2.10 miles

  • Shell

    0.32 miles

  • BP

    0.35 miles

  • Marathon

    0.43 miles

  • Shell

    0.50 miles

  • Shell

    0.62 miles

  • Citgo

    0.66 miles

  • BP

    0.78 miles

  • BP

    1.04 miles

  • Tesla Supercharger

    1.18 miles

  • Shell

    1.27 miles

  • 1628 W Division

    0.28 miles

  • Mid City Parking Lot

    1.24 miles

  • Steppenwolf Garage

    1.25 miles

  • A

    1.26 miles

  • The Site

    1.29 miles

  • E Uber

    1.30 miles

  • Club/Premium

    1.30 miles

  • Bus Parking

    1.30 miles

  • C Suites

    1.33 miles

  • J

    1.38 miles

  • Alegrias Seafood Chicago

    0.03 miles

  • El Barco Mariscos

    0.03 miles

  • Kimchi Pop

    0.08 miles

  • Temporis

    0.10 miles

  • Mariscos La Costa

    0.16 miles

  • La Pasadita

    0.16 miles

  • Lawn

    0.17 miles

  • Kin Sushi & Thai Cuisine

    0.18 miles

  • China Court

    0.18 miles

  • Ruxbin

    0.19 miles

  • Target

    0.26 miles

  • Jewel-Osco

    0.45 miles

  • Mariano's Fresh Market

    0.66 miles

  • Restaurant Depot

    0.74 miles

  • Whole Foods Market

    0.95 miles

  • Local Foods

    0.97 miles

  • ALDI

    1.17 miles

  • Trader Joe's

    1.17 miles

  • ALDI

    1.18 miles

  • Mariano's Fresh Market

    1.21 miles

1023 N Ashland Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1023 N Ashland Ave is located in Noble Square, which is home to a total of 10 listing(s). Retail space at The Ace on Ashland asks $25.00/SF/YR per square foot.

  • The property includes 2,200 square feet of retail space for lease. Of this total, 2,200 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Noble Square is 32. The average household income here is $137,853 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Adam C. Thomas

SVN | Chicago Commercial

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