1540 South Ashland Avenue offers a rare opportunity to acquire a well-located industrial property in Chicago with flexible occupancy options. The building spans 73,169 SF and is professionally owned and managed, ensuring operational reliability. Positioned just 1 mile from I-290 (Ashland Exit) and 1.5 miles from I-55 (Damen Exit), the property provides exceptional regional connectivity for distribution and logistics users. Additionally, the site is only three blocks from the Pink Line (18th Street Stop), offering convenient public transit access for employees.
The property features multiple suites, including two currently available spaces totaling 37,096 SF, with clear heights of 16 feet and excellent loading capabilities. Suite 101 offers 25,216 SF with two docks and two drive-in doors, while Suite 103 provides 11,880 SF with two drive-in doors. Ample parking and a ratio of 1 stall per 1,000 SF further enhance functionality. This asset is well-suited for investors seeking a stabilized industrial property with strong leasing potential in a high-demand urban market.