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Updated Storefront Near Grayland Metra
For Lease
$19 SF/Yr

3922 N Milwaukee Avenue, Chicago, IL 60641

Recently updated storefront near Grayland Metra stop, suitable for office.

Space SizeContact for details
Days on Market841

Property Features for 3922 N Milwaukee Avenue

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: STRAUSS REALTY LTD
Listed By: CRAIG WOLF · License #475163046
Source: Corcoran
Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

This recently updated 1,100 SF storefront is available now. The space is set up for office use, featuring three rooms and an updated private bathroom. It includes a new glass facade and refinished floors. The property is the closest available space for lease in proximity to the Grayland Metra stop. Zoning is B3-2. Parking includes 2-4 spaces, with street parking available in front.

Key Highlights

  • Closest available space to the Grayland Metra stop.
  • Recently updated with new glass facade and refinished floors.
  • Office use setup with three rooms and updated private bathroom.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Hotel & Motel Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Florist

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby
185k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 36% Shops & Services 35% Dining 28% Electronics 1%
Marshalls Apparel
50,242 visits/mo 0.3 miles
Culver's Dining
23,761 visits/mo 0.3 miles
Dollar Tree Shops & Services
23,411 visits/mo 0.3 miles
dd's DISCOUNTS Shops & Services
19,227 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
15,781 visits/mo 0.2 miles

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.2 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
4,071 SF
Avg Space Size

This space is priced 30% below the average of $27.2 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Melina's Flowers 5349 W School St, Chicago, IL 60641
  • Romance Flowers and Details 4264 W Irving Park Rd, Chicago, IL 60641
  • Lorch Bros. Flowers 4936 W Irving Park Rd, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Storefront property - Recently updated storefront near Grayland Metra stop, suitable for office.
Where is this storefront property located?
The property is located at 3922 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Closest available space to the Grayland Metra stop.; Recently updated with **new glass facade and refinished floors.**; Office use setup with three rooms and updated private bathroom.
More about this property
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