Properties

Features
: Central Air
: Carpet
: Electric to Site , Natural Gas Available , Sewer Connected , Water Available
Address Map
US
IL
Cook
Chicago
60614
Ashland
2435
Avenue
W88° 19' 55.6''
N41° 55' 34.2''
On Ashland Ave North of Fullerton Ave
CHI - Lincoln Park
CHI - Lincoln Park
N
N
COMMR
Additional Information
2576
: Commercial
Circuit Breakers
Circuit Breakers
25 x 83
1
1
2
https://real.vision/2435-north-ashland-avenue?o=u
: Municipal Water
Compass
Thomas Wagner
Financial
Not Applicable
28227.75
Listing Information
Iris Kohl
87291
Compass
44442
6179
MRED
Listing Information
891986
87291
Compass
Active
2026-06-09T21:50:03Z
2026-05-08T05:05:29Z
Property Description

Presenting a single-tenant Absolute NNN investment opportunity in the West Lincoln Park neighborhood of Chicago. The property is 100% occupied by Mpower Energy, a well-established independent retail supplier of electricity and natural gas. They have occupied the entire building since 2019. Mpower Energy will execute a new 5-year Absolute NNN lease with no landlord responsibilities upon closing. The lease will include 2% annual escalations, generating a stable and growing income stream. This building sits near the highly trafficked corner of Ashland Ave & Fullerton Ave on the West side of Lincoln Park seeing +27k vehicles daily. It is also located just 0.5 miles from the DePaul University campus and 0.75 miles from I-90. The property is zoned B3-2, which allows for commercial uses on the first floor and residential uses above, giving the property flexibility for any future potential uses. This offering represents a secure, long-term, passive investment in a highly desirable area of Chicago.

Commercial Sale For Sale

2435 N Ashland Avenue, Chicago, Illinois 60614

$960,000
Listing ID#12636515
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12636515
Price : $960,000
Year Built : 1889
Listing Status : Active
Property Sub Type : Neighborhood Storefront
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