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Corner Retail Space
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1164 N Milwaukee Ave, Chicago, IL 60642

Ground-floor retail space forms part of a new 14-unit apartment building at a prominent corner location.

Space Size950 SF
Days on Market307

Property Features for 1164 N Milwaukee Ave

General Information

Standard status Active
Size 950 SF
Property subtype RETAIL
Lease Type Modified Gross

Additional Details

Space Use Retail
Highway Access Yes

Spaces For Lease

at 1164 N Milwaukee Ave
1164 N Milwaukee Ave $45/SF/Yr
Floor 1
Size 950 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Prime retail opportunity at the base of the brand new 14-unit apartment building in West Town - Excellent location at the southwest corner of Milwaukee Avenue and Haddon Avenue, featuring exposure to ~12,000 VPD - Located along the heavily trafficked Milwaukee Avenue and steps the Division "L" Station - Ideal location for an array of retail uses or service oriented businesses - Located just west of the Kennedy Expressway (I-90/I-94)
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Zack Pearlstein · License ##475168541
Source: Moodyscre
Added: Dec 15, 2025 Changed: Oct 11 Last Checked: Oct 16 at 11:51AM

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

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Investment Insights

Based on property information with market context.

This 950-square-foot retail space is positioned at street level within a new 14-unit apartment building. The premises are available for lease and offer a compact storefront format for retail or service-oriented occupancy.

The property occupies the southwest corner of Milwaukee Avenue and Haddon Avenue in West Town, with exposure to approximately 12,000 VPD. Division "L" Station is nearby, and the site sits west of the Kennedy Expressway, designated I-90/I-94.

Key Highlights

  • 950 SF retail space
  • Part of a brand new 14‑unit apartment building
  • Southwest corner of Milwaukee Avenue and Haddon Avenue

Property Analytics

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Current Use

Midwest Academy for Gifted ... High School

Suggested Use

Top Pick Nursing Home Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store Fish Market Butcher

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

Yes
Highway access
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

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
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Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size

This space is priced 78% above the average of $25.24 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space forms part of a new 14-unit apartment building at a prominent corner location.
Where is this retail space located?
The property is located at 1164 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 950 SF retail space; Part of a brand new 14‑unit apartment building; Southwest corner of Milwaukee Avenue and Haddon Avenue
(847) 275-6106 Call to check price and availability
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