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3540 N Ashland Ave
Chicago, IL 60657 Lakeview

Price Upon Request

Apartments For Sale  •  1,720 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,720 SF
  • Building Class C
  • Year Built 1972
73 Transit Score
95 Walk Score

Highlights

Healthcare Tenant with Sticky, Recession-Resistant Use: Dental practices are among the most durable neighborhood healthcare tenants
Benefiting from consistent patient demand, high build-out costs, and strong retention—driving long-term occupancy stability
Attractive Yield Supported by Long-Term NNN Cash Flow: With structured rent increases and more than 5 years of remaining term
The lease structure supports competitive pricing while justifying a stronger valuation relative to non-medical single-tenant assets
Strong Leasing Momentum in Medical Retail Enhances Exit Liquidity: Investor demand for healthcare-anchored assets continues to outpace general retail
. The property’s combination of a stable dental tenant and strong neighborhood fundamentals positions it as a highly marketable asset

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.0 mi
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Paulina Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
Addison Station (Brown Line) (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 7 min 0.3 mi
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 8 min 0.4 mi
Irving Park Station (Brown Line) (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 16 min 0.8 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 29 min - 14.5 mi
Chicago O'Hare International 46 min - 16.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes