The Thompson

150 North Ashland Avenue, Chicago, IL 60607

Property Information

  • For Lease $29.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 207,000 SF
  • Units 210
  • Lot Size 0.66 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2023
  • Date Updated Oct 19, 2026

Description

The West Loop is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and was recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques.Fulton Market | New Construction Corner Retail Space at the Base of 210-Unit Luxury Apartment Building.

Highlights

  • 2,389 SF new construction corner retail space fronting Union Park in highly sought-after Fulton Market.
  • Adjacent to Lake CTA Station (Green and Pink Lines), within walking distance to the United Center and easily accessible to Illinois’ Medical District (IMD).
  • Excellent captive audience with over 210 apartment units above ground-floor retail.
  • In the immediate vicinity of high-density luxury residential existing/ planned/under construction projects.
  • Landlord willing to deliver the space per the Landlord Work Letter (see link in Brochure), streamlining the tenant's remaining buildout.
  • Surrounded by nearby high-profile Fulton Market HQs including Google, McDonald’s, WPP, TikTok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions and more.
  • The corner retail boasts 100’ of retail frontage along West Lake Street and North Ashland Avenue with automobile traffic counts of over 30,000 VPD.

1 Space Available

100

Space Type

Street Retail

Lease Rate

$29.00/SF/YR

Total Space

2,389 SF

Divisible Space

2,389 - 2,389 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Warm-lit shell delivery condition. $12/SF pass-through.

Contacts

Location

Located at 150 North Ashland Avenue, Chicago, IL 60607, this property is part of the Near West Side neighborhood and Chicago market.

Contact Listing Broker
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