Space Available For Lease 1

1023 N Ashland

Space Type Street Retail
Lease Rate $25.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 2,200 SF
Photos
Floor Ground
Divisible Space 2,200 - 2,200 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Adam C. Thomas

SVN | Chicago Commercial

Contacts

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 Dec 11, 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 ®

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

Points of Interest

Grand

1.17 miles
Uber Tent

1.29 miles
Morgan

1.30 miles
Chicago

1.64 miles
Clinton

1.67 miles
Merchandise Mart

1.89 miles
UIC-Halsted (Morgan Street)

1.89 miles
UIC-Halsted (Peoria Street)

1.94 miles
UIC-Halsted (Halsted Street)

2.00 miles
California

2.14 miles

Shell

0.32 miles
BP

0.35 miles
City od Chicago Fuel Site 010

0.65 miles
Citgo

0.66 miles
Marathon

0.92 miles
Exxon

1.03 miles
Tesla Supercharger

1.18 miles
Electrify America

1.67 miles
Volta

1.74 miles
Blink

1.75 miles

1628 W Division

0.28 miles
Division Crash Investigation Site

0.36 miles
Salt Shed Parking

0.66 miles
Ohio St Crash Investigation Site

0.85 miles
Clybourn Galleria

1.20 miles
Mid City Parking Lot

1.23 miles
Steppenwolf Garage

1.25 miles
120 N. Racine Parking Lot D

1.26 miles
A

1.26 miles
120 N. Racine Parking Lot A

1.28 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

0.17 miles
Lawn Craft Hamburger

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

0.67 miles
Gangnam Market

0.78 miles
Whole Foods Market

0.94 miles
Local Foods

0.97 miles
Wild Fork

1.00 miles
ALDI

1.17 miles
Trader Joe's

1.17 miles
Kling Bros Insurance

1.24 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.