Building Details

Year built 2023

Floors in Building 1

Number of units 1

Flooring type Vinyl

Building materials Brick, Concrete, Steel Siding

Listing Agency: Troy Realty Ltd d***@ameritech.net Show Phone

Listed By: Andrzej Olszowka · License #475160900 Show Phone

Added: Sep 19, 2025 Changed: Aug 20 Last Checked: Sep 2 at 3:06PM

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MLS# 12476008

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This storefront space was built in 2023 and delivered with a vanilla finish, allowing the interior to be configured for a tenant’s operations. The premises includes black iron and loading access from the alley, supporting restaurant or bar use in addition to retail, spa, or office occupancy. Construction materials include brick, concrete, and steel siding, with vinyl flooring and central air complemented by an exhaust fan cooling system.

The property is positioned at the base of The 3101 Wilmot luxury apartments on Milwaukee Ave in Chicago’s Logan Square. The surrounding area includes restaurants and retail stores, with the Target Mega Store nearby. Its setting provides access to an established mix of local commercial activity and residential density.

Key Highlights

• 2023 construction with a vanilla‑finish interior
• Black iron and alley loading support restaurant or bar use
• Suitable for retail, restaurant, spa, or office occupancy

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Home Appliance Store Nursing Home Tech Support Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,006

Businesses Nearby

100k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 40% Apparel 5% Electronics 5%

Taco Bell Dining

11,432 visits/mo 0.2 miles

Shell Shops & Services

10,201 visits/mo 0.2 miles

Shell Shops & Services

10,004 visits/mo 0.5 miles

Burger King Dining

9,506 visits/mo 0.2 miles

Marathon Shops & Services

8,046 visits/mo 0.4 miles

Demographics for 60647, IL

85,631

Population

41,975

Households

2

Avg Household Size

33

Median Age

61%

College-Educated

92%

High-School Grad

4.0 sq mi

ZIP Area

21,408

Density / Sq Mi

$102,851

Median Household Income

$65,776

Median Earnings

$1,714

Median Rent

$557,300

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

3,737 SF

Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019

9.2% 2020

8.8% 2021

8.1% 2022

7% 2023

6.6% 2024

7.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Flexible commercial space includes black iron and alley loading for restaurant-oriented use.

Where is this storefront property located?

The property is located at 3101 N Milwaukee Avenue Chicago, IL.

What are key features of this property?

This property features: 2023 construction with a vanilla‑finish interior; Black iron and alley loading support restaurant or bar use; Suitable for retail, restaurant, spa, or office occupancy