Dmitriy Kotlyar - Chicagoland Brokers Inc Logo
$960,000
( $372.67Per Sq Foot )
 $5,153 est/mo Sourced by Back At You

2435 N Ashland Avenue,Chicago, IL 60614

Chicago, IL 60614

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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 should any future potential uses be needed. This offering represents a secure, long-term, passive investment in a highly desirable area of Chicago.

Details

MLS #12636515
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1889
Days On Site132
Listing Provided ByCompass | Thomas Wagner

Features

SQ Feet2,576
Story(s)2
Units1
ZoningCOMMR

Interior

CoolingCentral Air

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount28227.75

Area Information

StateIL
CountyCook
CityChicago
Zip Code60614
AreaCHI Lincoln Park
Listing VS Median (in 60614)
Price:
$960,000
low | high
Med:
$499,999
97.916770833333% of Average
sqft:
2,576
low | high
Med:
1,700
84.006211180124% of Average
$ / sqft:
$373
low | high
Med:
$294
71.078589215686% of Average
On site:
132
low | high
Med:
101
100% of Average
Sourced by Back At You

Market Activity 60614

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Learn More About This Property

Dmitriy Kotlyar

Dmitriy Kotlyar

Chicagoland Brokers Inc

475.137434 (847) 962-8577dmitriykotlyar@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60614
AreaCHI Lincoln Park
Listing VS Median (in 60614)
Price:
$960,000
low | high
Med:
$499,999
97.916770833333% of Average
sqft:
2,576
low | high
Med:
1,700
84.006211180124% of Average
$ / sqft:
$373
low | high
Med:
$294
71.078589215686% of Average
On site:
132
low | high
Med:
101
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $720K - $1.2M
sqft: 1,500 - 3,000
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1657 W Wrightwood Avenue 1W Property Photo 1
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1657 W Wrightwood Avenue 1w
Chicago, IL 60614
1701 W Terra Cotta Place E Property Photo 1
$725,000
1701 W Terra Cotta Place E
Chicago, IL 60614
Listing Updated: July 9, 2026 at 12:21:36 PM PDT

Dmitriy Kotlyar - Chicagoland Brokers Inc