Listing provided courtesy of Coordinate Properties LLCMREDas Distributed by MLSGrid- MLS# 12532124
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Request Info2500 N Ashland AvenueChicago, IL 60614
Commercial$38
Active
2500 N Ashland Avenue Overview
- Time on Site:
- 199 days
- Visits:
- 4
Fabulous Restaurant Opportunity situated in the upscale iconic neighborhood of Lincoln Park Chicago. Located ON THE CORNER of Ashland & Altgeld, 2500 N Ashland Ave offers unbeatable brand exposure to over 40,000 passing vehicles daily. Lincoln Park neighborhood is home to a population which has the highest median income in Chicago. The space comes turnkey with no upfront key money, no significant buildout required and eligible for a liquor license + sidewalk cafe. Equipped with a 10 foot black iron hood and extra large walk in cooler in the basement below the bar area (perfect to store kegs for beer tap). 2500 N Ashland Ave is an irreplaceable space in the heart of one of Chicago's most iconic neighborhoods. Whether you are starting from scratch or opening additional locations, you're not going to want to miss seeing this space. It has all the right Lincoln Park vibes!
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2500 N Ashland Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Other Expense: 1200
- Electric Expense: 0
- Existing Lease Type: Net
- Fuel Expense: 0
- Gross Income: 0
- Gross Scheduled Income: 0
- Insurance Expense: 2400
- Net Operating Income: 0
- Trash Expense: 400
- Water Sewer Expense: 800
Building Information
- Year Built: 1909
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Park
- Township: Lake View
Rent/Lease Information
- Tenant Pays: Electricity, Heat, Scavenger, Varies by Tenant
Tax Information
- Tax Annual Amount: $22,575.00
- Tax Year: 2023
General Information
- Property Sub Type: Restaurant
- Property Type: Commercial Lease
- Zoning: OTHER
Interior
General Information
- Cooling: Central Air, Zoned
- Electric: Service - 201 to 600 Amps
- Flooring: Concrete, Marble, Varies, Wood
- Leasable Area: 2000
- Stories: 3
Unit Information
- Unit SqFt.: 2000
Exterior
Lot Information
- Lot Size Dimensions: 25X115
- Lot Size Square Feet: 3000
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 4
- Utilities: Electric to Site,Natural Gas Available,Water Available
2500 N Ashland Avenue Neighborhood
Community
60614 (Chicago) Demographics
30
Median Age
20,962
Population Density (per sq. mile)
88%
College Educated
$117,251
Estimated Median Income
15,110
Estimated Total Home Owners
18,292
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2500 N Ashland Avenue Market Data
Based on the last 30 days in this zip code
$1,408,402
Average List Price
$833
Average Price per Square Foot
107
Properties Sold
58
Average Days on Market
265
Properties for Sale
2500 N Ashland Avenue History
| Date | Value | Agent |
|---|---|---|
| 12/18/2025Source: MRED | Active |
|
| 12/12/2025Source: MRED | December 12, 2025 |
|
| 6/20/2022Source: MRED | January 27, 2022 |