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    2545 N Milwaukee Ave Chicago, IL 60647

    For Lease
    $50 SF/Yr

    Neighborhood Storefront - Chicago, IL

    Days on Market:
    129
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 2545 N Milwaukee Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1881
    Architectural style
    Other

    Troy Realty LTD (773) 792-3000 [email protected]

    Listing agent Vincent Gendusa (773) 792-3000 License #475154334

    Listing date Aug 7, 2025

    MLS# 12439867 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Salon Space Available

    This turn-key salon space is available for lease in a prime location with great foot traffic. The space is fully equipped as a barber/hair salon and is move-in ready. It features multiple barber/styling chairs, a modern hair wash station, an ADA-compliant client restroom, and a private employee restroom. Additional amenities include an in-unit washer & dryer and an employee lounge/breakroom. The salon also has a welcoming reception area. The property is surrounded by shops, restaurants, and constant pedestrian activity, offering the perfect opportunity to grow clientele and business. The intended use of the property is for a salon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sparrow Hair Inc Hair Salon Sparrow For Everyone Cosmetics Industry

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Romee Willow Florals, Exfolia Botanical, Bloom Floral Shop, Petalpushr, Fleur

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7047056
    Latitude
    41.9276995

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    FAQs

    What type of property is this?
    Storefront property - Fully equipped salon in high-traffic location, ready for immediate occupancy.
    Where is this storefront property located?
    The property is located at 2545 N Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key salon space – no build-out needed.; - Prime location with high foot traffic.; - Multiple barber/styling chairs included.
    (773) 792-3000
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    2545 N Milwaukee Ave Chicago, IL 60647
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    Realmo Value Estimation

    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.

    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.

    More about this property
    2545 N Milwaukee Ave Chicago, IL 60647
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