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Noble Square Storefront with Office
For Lease
$30 SF/Yr

1070 N Milwaukee Avenue, Chicago, IL 60642

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

Space SizeContact for details
Days on Market365

Property Features for 1070 N Milwaukee Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $16,283

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1999
Listing Agency: REALTY PROFESSIONALS GROUP
Listed By: ALBERT COSSYLEON
Source: Corcoran
Added: Aug 11, 2025 Changed: Aug 9 Last Checked: Aug 9 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY PROFESSIONALS GROUP

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Law Office of Vincent ... Law Firm Realty Professionals Group Real Estate Agency Sherpa Capital Group Loan Service Precise Acquisitions Real Estate Agency Victoria Mortgage Bankers Loan Service

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Clothing & Fashion Store Bed & Breakfast

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,877
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size

This space is priced 18% above the average of $25.43 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 Avenue Chicago, IL.
What is the lease rate?
The lease rate is $30 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.
More about this property
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