Cook, US
Presenting a single-tenant NNN investment opportunity in the West Lincoln Park neighborhood of Chicago. The property is 100% occupied by Mpower Energy, a well-established independent retail supplier of electricity and natural gas. They have occupied the entire building since 2019. Mpower Energy will execute a new 5-year NNN lease with little to no landlord responsibilities upon closing. The lease will include 2% annual escalations, generating a stable and growing income stream. This building sits near the highly trafficked corner of Ashland Ave & Fullerton Ave on the West side of Lincoln Park seeing +27k vehicles daily. It is also located just 0.5 miles from the DePaul University campus and 0.75 miles from I-90. The property is zoned B3-2, which allows for commercial uses on the first floor and residential uses above, giving the property flexibility for any future potential uses. This offering represents a secure, long-term, passive investment in a highly desirable area of Chicago.
Courtesy Of: Compass
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 11/07/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 25 x 83
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $22,358.00
- Tax Year:
- 2023
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Data last updated: 2026-03-31.
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