2200 N Ashland

Property Overview

A fully leased two-tenant retail building at the corner of Ashland and Webster, on the North Branch of the Chicago River. Both tenants signed 10-year leases in 2023 with annual escalations and two 5-year options each.

Address

2200 N Ashland Ave

Building

14,090 SF

Leased RSF

11,157

Occupancy

100%

Parking

43+ Spaces

Zoning

C2-1 · Chicago

Lot Area

±51,793 SF

Subdivision

4-Parcel Plat, 2026

Tenants reimburse their share of operating expenses and taxes. C2-1 zoning permits up to 62,152 SF of building area and 20 dwelling units by right — significant unused capacity within the North Branch Industrial Corridor.

Building + Parking Lot

The 2026 plat separates the leased building — retaining a minimum of 43 spaces — from the adjacent riverfront parking lot. The lot's spaces are currently leased and producing income; future development there is a separate conversation, governed by recorded protections.

43-space minimum

Preserved for the building parcel

Landlord bears

All subdivision, zoning and separation costs

Recorded restrictions

Bar sensitive uses near the dispensary

60-day notice

Plus interference protections for construction

Successor obligations

Bind any buyer of the adjacent parcel

Lincoln Park Riverfront Corner

A corner site on Ashland Avenue at Webster, bounded by the North Branch of the Chicago River — between Lincoln Park, Bucktown, and the Clybourn retail corridor, with the Kennedy and the 606 minutes away.

Ashland Ave

Corner at Webster

Chicago River

North Branch boundary

Lincoln Park

60614, Bucktown seam

Clybourn

Corridor one block east

Lincoln Park Retail

One of Chicago's highest-income retail trade areas, served by the Clybourn Corridor, the Kennedy, and CTA Red, Brown, and Purple lines. Source: U.S. Census Bureau, Lincoln Park community area.