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    1070 N Milwaukee Ave Chicago, IL 60642

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    For Lease
    $32 SF/Yr

    Storefront in Noble Square near Division Blue Line available for rent.

    Property Features for 1070 N Milwaukee Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1999

    Source: REALTY PROFESSIONALS GROUP Agent ALBERT COSSYLEON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Noble Square Storefront with Office

    A storefront in Noble Square, currently configured as a mortgage office, is available for rent with move-in possible within 30 days. The space offers between 1250 and 5000 square feet, including a lower level. It features a wide frontage with large windows and high ceilings. The layout includes two bathrooms, an optional conference room, and private offices. Central HVAC is in place. The property is located near the Division Blue Line stop and is accessible to the Kennedy Expressway, Milwaukee Avenue, Ashland Avenue, and Division Street buses. The current build-out is office space, and similar businesses such as mortgage, title, insurance, or attorney offices are preferred. The space can be structured as a large private office share. Construction or major office modifications are negotiable on a case-by-case basis. The space can be rented with office furniture.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Law Office of Vincent ... Criminal Justice Attorney Realty Professionals Group Real Estate Agency Sherpa Capital Group Mortgage Lender Precise Acquisitions Real Estate Consultant Victoria Mortgage Bankers Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6634969
    Latitude
    41.901144

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    FAQs

    What type of property is this?
    Retail space - Storefront in Noble Square near Division Blue Line available for rent.
    Where is this retail space located?
    The property is located at 1070 N Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Steps to Division Blue Line and multiple bus lines (Milwaukee, Ashland, Division) with easy access to Kennedy Expressway.; - Flexible Space: 1250-5000 sq. ft. including lower level, suitable for various business needs with potential for office share.; - Move-In Ready: Available within 30 days, currently built as office space, and can be rented with office furniture.
    (708) 652-8888
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    1070 N Milwaukee Ave Chicago, IL 60642
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    Chicago, IL 60642
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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
    1070 N Milwaukee Ave Chicago, IL 60642
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