THE LORD COMPANIES, L.L.C.
CROSS STREETS: Belmont & Ashland
1st Floor Commercial Condo
FOR SALE/LEASE
NEIGHBORHOOD: LAKEVIEW
3330 N. ASHLAND
PROPERTY DETAILS
This site is located 2 blocks north of the busy six corner intersection of Lincoln, Belmont
and Ashland and 1 block east of the El station at Lincoln and Paulina. It is just 4 doors
north of Whole Foods and X-Sport Fitness Gym. Other area retailers include Gap,
Tuesday Morning, Caribou Coffee, Starbucks, Blockbuster Video, Wishbone Restaurant,
numerous banks, etc.. A new mixed-use development including up to 130 new condos
and nearly 100,000 sq ft of commercial space is planned less than 2 blocks away.
Ashland Avenue is the main north-south transit route through Lincoln Park and Lakeview
up to Andersonville.
Traffic Counts, Demographics
- 27,000 vehicles per day on Ashland
- 2nd most trafficked CTA bus route (#9) in the city with 10 million rides per year.
1.0 mile 3.0 mile
Population 67,305 551,337
Households 35,227 2458,369
Median Household Income $81,154 $55,692
Building
This is a new mixed-use 4-story masonry building with extensive detailing on the façade.
The upper floors have three high-end residential condos. The first floor commercial space
is suitable for a variety of professional office or specialty retail uses and offers the
following features:
- Approx. 1,500 rentable commercial sq ft.
- 35’ of store frontage with large front windows and large façade for signage.
- B3 zoning
Delivery Condition
This space will be delivered as a “vanilla box+” with a new tenant-controlled HVAC system,
ADA compliant washroom and recessed ceiling lights. Tenant-specific build-out can be
provided by developer based on tenant credit and lease term (additional build-out costs
at buyer’s expense or amortized into lease rate).
Sales Price
$329,000, including 1 deeded parking space in rear (Motivated Seller-Price Reduced by
$21,000)
Lease Rate
$25 per rentable sq ft, triple net
Pass-throughs
Taxes and Common Area Maintenance are to be determined (new,) estimated at approx.
$5-$7/sq ft
Availability
Immediate
