$960,000

2435 N Ashland Avenue, Chicago IL, 60614

Price per sqft$372.67

Built in1889

Property size2,576 sqft

Property typeCommercial

Listed by Thomas Wagner with Compass 847-906-1872

Overview

Active

Listed May 2, 2026

Updated 2 days ago

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.

Additional information

MLS^® ID: 12636515

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Taxes: $28,228
Tax Frequency: Annually

Listed by Thomas Wagner with Compass 847-906-1872

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Data is refreshed every 3 hours. Listing last updated 5:07 AM UTC on 9/19/2026.

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