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    3105 N Milwaukee Ave Chicago, IL 60647

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    For Lease
    $18 SF/Yr

    Newly constructed retail/office space in high-traffic Avondale/Logan Square area.

    Property Features for 3105 N Milwaukee Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2023

    Source: ARC RED INC ARC REALTY GROUP Agent ANDRZEJ OLSZOWKA

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

    Overview

    Avondale/Logan Square Retail/Office Space

    This property is located at the base of The 3101 Wilmot luxury apartments, in a high-traffic area of Avondale/Logan Square, surrounded by restaurants and retail stores along Milwaukee Ave. The newly constructed space has a vanilla finish, providing a customizable interior for a tenant's business needs. It is suitable for a restaurant or bar, as it comes equipped with a black iron and loading from the alley. The space can also be utilized as a retail store or office. Located near the Target Mega Store in Logan Square, Home Depot and Fields, the property enjoys high visibility. The location benefits from foot traffic and an active customer base in the surrounding area. 12 parking spaces are available. The property offers flexibility for a tenant to create a space that meets their specific business requirements and is an ideal location for anyone looking to lease a retail, wholesale, medical or office space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -87.7209309
    Latitude
    41.9374785

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    FAQs

    What type of property is this?
    Retail space - Newly constructed retail/office space in high-traffic Avondale/Logan Square area.
    Where is this retail space located?
    The property is located at 3105 N Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location at the base of The 3101 Wilmot luxury apartments in Avondale/Logan Square.; - High-traffic area on Milwaukee Ave, surrounded by popular restaurants and retail.; - Equipped with black iron and alley loading, ideal for a restaurant or bar.
    Request Owner's contact information
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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
    3105 N Milwaukee Ave Chicago, IL 60647
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