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.
Property Details
Price:
$960,000
MLS #:
MRD12636515
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Neighborhood Storefront
Neighborhood:
chilincolnpark
Listed Date:
May 2, 2026
Total Sq Ft:
2,576
Year Built:
1889
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Carpet
Exterior
Stories
2
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$28,228
Map
Community
- Address2435 N Ashland Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60614
Market Summary
Current real estate data for Commercial in Chicago as of May 15, 2026
897
Commercial Listed
190
Avg DOM
$1,025,112
Avg List Price
Property Summary
- 2435 N Ashland Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60614. It is listed for $960,000
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Copyright 2026. All rights reserved.
2435 N Ashland Avenue
Chicago, IL


