West Town Retail Space
For Lease
$45 SF/Yr
1162 N Milwaukee Avenue, Chicago, IL 60642
New retail space in a vibrant, growing West Town neighborhood.
Space Size950 SF
Days on Market262
Property Features for 1162 N Milwaukee Avenue
General Information
Standard status
Active
Size
950 SF
Property subtype
Retail
Lease Type
SF/yr
Lease Term
MG
Building Details
Building Size
1 SF
Year Built
2025
Spaces For Lease
at 1162 N Milwaukee Avenue Contact us- Size
- 950 SF
- Type
- Street Retail
- Term
- Negotiable
1162 N. Milwaukee Avenue $45/SF/Yr
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 275-6106
Listed By:
Zack Pearlstein · License #IL #475168541
(847) 275-6106
Source:
Frontlinerepartners
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:33AM
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 Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This retail space is located at the base of a new 14-unit apartment building in Chicago's West Town neighborhood, specifically at the southeast corner of Milwaukee Avenue and Haddon Avenue. The storefront benefits from high visibility, with approximately 12,000 vehicles per day passing by. It is situated just west of the Kennedy Expressway (I-90/I-94) and steps from the Division 'L' Station (blue line). The location is suitable for various users, including boutique retailers, cafés, and service-oriented businesses. The building is scheduled for delivery in Q4 2025. The space will feature natural lighting, one ADA-compliant bathroom, and a lower-level basement for additional square footage and storage. The property is located along the heavily trafficked Milwaukee Avenue, Ashland Avenue & Division Street signalized intersection, which features exposure to over 13,600 VPD as well as an abundance of pedestrian foot traffic. The Property is also situated just south from Division Street, one of Chicago’s hottest retail neighborhoods which features an abundance of national and local retailers, restaurants, and other service oriented businesses. Neighboring retailers include Jewel-Osco, Lowe’s, Target, CVS/Pharmacy, Ulta, Pet Supplies Plus, Starbucks, and Potbelly, among other national retailers.
Key Highlights
- Prime location in Chicago's West Town, at the base of a new 14‑unit building.
- High visibility with approximately 12,000 VPD at the corner of Milwaukee and Haddon Avenues.
- Convenient access to transportation: steps from the Division "L" Station (Blue Line).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,432
Businesses Nearby
204k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Groceries 32%
Shops & Services 16%
Home Improvements & Furnishings 15%
Jewel-Osco
Groceries
65,395 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.3 miles
Wendy's
Dining
29,664 visits/mo
0.2 miles
BP
Shops & Services
13,250 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
11,777 visits/mo
0.1 miles
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 77% above the average of $25.43 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New retail space in a vibrant, growing West Town neighborhood.
Where is this retail space located?
The property is located at 1162 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime location in Chicago's West Town, at the base of a new 14‑unit building.; High visibility with approximately 12,000 VPD at the corner of Milwaukee and Haddon Avenues.; Convenient access to transportation: steps from the Division "L" Station (Blue Line).
