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    • Brokers

    Andrea Miller, Chicago, IL

    License ID: 471016960
    Miller Chicago Llc
    Years of Experience
    14
    Association
    Chicago Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (773) 366-8786
    Office Address:
    34 S Ashland Ave, Chicago, IL, 60607

    Performance

    Listings
    31
    Total transactions
    51
    Total transactions amount
    $15M
    Price range
    $196k - 441k
    Average price
    $294k

    Listings

    For Sale (4)

    View map
    • $1,200,000
      11.60 Acres

      Prime Chicago Commercial Land

      11.6 Acres, High-Visibility Location
      3700 63Rd St, Chicago, IL 60629
      View Details
    • $900,000
      3,123 SF

      Retail Building with Parking

      Retail building with parking, security features, and high visibility.
      1309 E 87Th St, Chicago, IL 60620
      View Details
    • $225,000
      1,600 SF

      Brighton Park Retail Space Available

      Retail space in Brighton Park located on South Western Avenue.
      4012 S Western Ave, Chicago, IL 60622
      View Details
    • $140,000

      Redevelopment Opportunity in High-Visibility Location

      4,735 SF building on 19,157 SF lot, excellent redevelopment opportunity.
      542 E 75Th St, Chicago, IL 60619
      View Details

    For Lease (27)

    View map
    • $35 SF/Yr
      1,249 SF

      Wicker Park Storefront - For Lease

      Prime Wicker Park retail space. 1,249 sq ft available.
      1675 Milwaukee Ave, Chicago, IL 60647
      View Details
    • Contact for pricing
      8,300 SF

      Maywood Office Space For Lease

      Prime Maywood location, flexible office suites.
      1001-31 17Th Ave, Maywood, IL 60153
      View Details
    • Contact for pricing
      15,250 SF

      Prime Loop Executive Office Space

      Chicago Loop Office Suites Available
      9 Wabash Ave, Chicago, IL 60602
      View Details
    • Contact for pricing
      1,050 SF

      Chicago Retail Space For Lease

      1,050 SF Retail Space in Chicago
      7133 Greenwood Ave, Chicago, IL 60619
      View Details
    • Contact for pricing
      8,250 SF

      Prime Chicago Executive Suites

      Downtown Chicago Office Space Available
      9 Wabash Ave, Chicago, IL 60602
      View Details
    • $35 SF/Yr
      3,071 SF

      Lakeview Retail Spaces Available

      New Chicago retail spaces, prime location.
      1138 Belmont Ave, Chicago, IL 60657
      View Details
    • Contact for pricing
      2,500 SF

      Chicago Retail Space For Lease

      Prime Chicago location, multiple units available.
      1607 Lawndale Ave, Chicago, IL 60647
      View Details
    • Contact for pricing
      2,700 SF

      West Town Retail Condo Opportunity

      Chicago Retail Space: 800-1100 sq ft Available
      2120 Washington Blvd, Chicago, IL 60612
      View Details
    • $25 SF/Yr

      West Town Storefront Office/Retail Space

      2,813 Sq Ft street level space for lease.
      1540 W North Ave, Chicago, IL 60622
      View Details
    • $117 SF/Yr

      Milwaukee Avenue Private Suite

      Private suite ideal for licensed professionals in Logan Square.
      2839 N Milwaukee Ave, Chicago, IL 60618
      View Details
    • $35 SF/Yr

      Lakeview Retail Space For Lease

      995 Sq Ft retail space in new mixed-use building.
      1138 W Belmont Ave, Chicago, IL 60657
      View Details
    • $35 SF/Yr

      Lakeview Retail Space For Lease

      Retail space in new mixed-use building, Lakeview neighborhood.
      1138 W Belmont Ave, Chicago, IL 60657
      View Details
    • $25 SF/Yr
      6,150 SF

      Prime Loft Office Space Available

      6,150 Sq Ft loft office space for rent.
      2015-2019 W Irving Park Rd, Chicago, IL 60618
      View Details
    • $25 SF/Yr
      900 SF

      Unfinished Retail Space in Chicago

      Unfinished retail space available for lease in Humboldt Park.
      3658 W Avenue N, Chicago, IL 06709
      View Details
    • $27 SF/Yr
      1,290 SF

      Turnkey Retail/Office Space Available

      1,290 SF retail/office space in a high-visibility location.
      2040 W Belmont Ave, Chicago, IL 60657
      View Details
    • $26 SF/Yr
      1,566 SF

      Logan Square Retail Space Available

      Prime retail space in high-traffic Logan Square location.
      2779 N Milwaukee Ave, Chicago, IL 60647
      View Details
    • $3,500 /Mo
      900 SF

      Lakeview Retail Space For Lease

      900 SF retail space in Chicago's Lakeview neighborhood.
      1415-1425 W Belmont Ave, Chicago, IL 60657
      View Details
    • $3,250 /Mo
      1,200 SF

      Pilsen Retail Space Available

      Corner retail space in Pilsen with high visibility.
      1610 S Halsted St, Chicago, IL 60642
      View Details
    • $1,200 /Mo
      800 SF

      Maywood Retail/Office Space Available

      Prime location retail/office space for lease in Maywood.
      1001-1009 S 17Th Ave, Maywood, IL 60153
      View Details
    • $1,900 /Mo
      2,780 SF

      Logan Square Office Space Available

      High-visibility office space with customizable layout and excellent transit access.
      3409 W Fullerton Ave, Chicago, IL 60614
      View Details
    • $35 SF/Yr
      1,249 SF

      Wicker Park Retail Space Available

      1,249 SF retail space in high-visibility Wicker Park location.
      1669 N Milwaukee Ave, Chicago, IL 60647
      View Details
    • $17 SF/Yr
      1,025 SF

      Retail Spaces in Historic Bronzeville

      Two retail spaces available in Chicago's Bronzeville neighborhood.
      4254 S Cottage Grove Ave, Chicago, IL 60653
      View Details
    • $15 SF/Yr
      2,000 SF

      Logan Square Basement Level Spaces

      Basement spaces ideal for office, loft, storage, workshop, or warehouse.
      2809 N Dawson Ave, Chicago, IL 60618
      View Details
    • $3,500 /Mo
      1,200 SF

      Lakeview Commercial Condo For Lease

      1,200 Sq Ft commercial condo in Chicago's Lakeview neighborhood.
      1443 W Belmont Ave, Chicago, IL 60657
      View Details
    • $25 SF/Yr
      2,813 SF

      West Town Restaurant/Retail Space

      2,813 SF street-level restaurant/retail space for lease in West Town.
      1540 W Avenue N, Chicago, IL 06709
      View Details
    • $875 /Mo
      90 SF

      Salon Studios Near Midway Airport

      New salon studios for beauty professionals near Midway Airport.
      5635 W 63Rd St, Chicago, IL 60638
      View Details
    • $45,728

      Prime Retail Space Available

      Inline retail space in high-traffic Brandon location.
      1258 E Brandon Blvd, Brandon, FL 33511
      View Details

    Leases and Sales on Map

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    Andrea Miller, Chicago, IL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Andrea Miller, Chicago, IL
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    (773) 366-8786
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