Date
Details
Price
Change
Source
12/12/2025
Listed
$38
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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!
Full Property Details
Full Property Details for 2500 N Ashland Ave
General
- Price: $38
- Taxes: $22,575 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12532124
- Updated: 12/18/2025
- Added to Site: 38 day(s) ago
Interior
- Interior Features: Private Restroom(s), Public Restroom(s), Basement
- Flooring: Concrete, Marble, Varies, Wood
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Lincoln Park
- County: Cook
- Township: Lake View
- Driving Directions: Ashland to 2500 N. Ashland
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Forced Air, Gas
Utilities
- Trash: 400
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Concrete, Marble, Varies, Wood
- Stories/Levels: 3
- Current Bldg. Use: Commercial
- Year Built: 1909
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 25 x 115
- Zoning: OTHER
Financial Considerations
- Lease Price: $38
- For Sale/Rent/Lease: For Rent Only
- Insurance Fee: $2,400
- Other Fee: $1,200
- Security Deposit: Other
- Assessment Year: 1909
- Tax Amount: $22,575
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Scavenger, Varies by Tenant
- Pays Trash: 400
Listed by Coordinate Properties LLC
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— 2500 N Ashland Ave —
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NMLS#: 1598647
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Schools
Schools serving 2500 N Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Prescott Elementary School 1632 West Wrightwood Avenue, Chicago, IL 60614 | PK-8 | 0.1 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2500 N Ashland Ave
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Estimate the Cost for 2500 N Ashland Ave
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- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 2Total Baths
- 1,195Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
- 1,900Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,325Sq. Ft.
2500 N Ashland Avenue, Chicago, IL 60614 (MLS# 12532124) is a Commercial Lease property. 2500 N Ashland Avenue is currently listed for $38 and was received on December 12, 2025. Want to learn more about 2500 N Ashland Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.