2435 N Ashland Avenue
, IL, 60614
Price$1,065,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
Presenting a single-tenant 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 NNN lease with little to 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.
| Price | $1,065,000 | |
| Total Baths | 0 | |
| Lot Size Area | 2034 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1889 | |
| Directions | On Ashland Ave North of Fullerton Ave | |
| Latitude | 41.926188 | |
| Longitude | -87.667889 | |
| Market Area | Lake View | |
| Address | 2435 N Ashland Avenue, IL 60614 | |
| Postal Code | 60614 | |
| State | IL | |
| Country | United States | |
| Listing Office | Compass | |
| Listing Office Phone | 847-906-1872 | |
| Listing Agent | Thomas Wagner | |
| Listing Agent Phone | 847-638-2659 | |
| Virtual Tour URL | https://real.vision/2435-north-ashland-avenue?o=u | |
| Days on market | 72 | |
| MLS Status | Active | |
| Listing Date | Nov 7, 2025 | |
| Listing Last Modified | Jan 25, 2026 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 22358 | |
| MLS Area | Lake View | |
| MLS # | MRD12513665 | |
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