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    2779 N Milwaukee Ave Chicago, IL 60647

    For Lease
    $26 SF/Yr ($3,393 /Mo)

    Prime retail space in high-traffic Logan Square location.

    Property size:
    1,566 SF
    Lot size:
    0.51 Acres

    Property Features for 2779 N Milwaukee Ave

    General Information

    Size
    1,566 SF
    Lot size
    0.51 Acres

    Source: Miller Chicago Agent Andrea Miller

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

    Overview

    Logan Square Retail Space Available

    Located in the heart of Logan Square on Milwaukee Avenue at the corner of Diversey and Kimball, this retail space offers 1,566 square feet of area. The space includes approximately 800 square feet in the basement available for storage. The property is suitable for a beauty salon or other retail tenant, previously occupied by Good Beauty hair / beauty salon. The space features bright, light-filled interiors with large windows, an ADA-compliant bathroom, and washer/dryer hookups. The location benefits from high visibility, with average daily traffic exceeding 14,500 vehicles. It is situated in a dense retail corridor with significant foot traffic, across from Gap Factory Outlet, Logan Square Gym, Pinot’s Palette, Bank of America, Hopewell Brewery, and The Dill Pickle Food Co-op. Public transportation is readily accessible, with the property located on CTA bus routes #56 Milwaukee and #76 Diversey, steps from the #82 Kimball/Homan bus, and less than one block from the CTA Blue Line Logan Square station (Spaulding entrance).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7112496
    Latitude
    41.9317665

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in high-traffic Logan Square location.
    Where is this retail space located?
    The property is located at 2779 N Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Milwaukee Avenue in Logan Square with heavy foot and vehicle traffic.; - Easily accessible to public transportation, less than one block from the CTA Blue Line.; - 1,566 Sq Ft prime retail space with an additional 800 Sq Ft basement for storage.
    (312) 988-0669
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    Chicago, IL 60647
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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
    2779 N Milwaukee Ave Chicago, IL 60647
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