2435 N Ashland Avenue
Chicago, IL, 60614
$960,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12636515 image #0
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
Chi – Lincoln ParkChilincolnpark

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Schools

Interior

Cooling
Central Air
Flooring
Carpet

Exterior

Stories
2

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$79,856
Tax Year
2024
Taxes
$28,228

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Community

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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