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    2252 N Milwaukee Ave Chicago, IL 60642

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    For Lease
    Contact for pricing

    Single-story retail property with basement in high-traffic location.

    Property size:
    10,739 SF
    Lot size:
    0.26 Acres

    Property Features for 2252 N Milwaukee Ave

    General Information

    Size
    10,739 SF
    Lot size
    0.26 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

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

    Overview

    Milwaukee Avenue Retail Space Available

    This single-story retail property offers 10,739 square feet of space, complemented by a 5,096-square-foot basement. The property is fully sprinklered. Situated on a 10,989 square foot land area at a highly visible corner location on Milwaukee Avenue and St. George, the site benefits from a daily traffic count of 11,441 cars. The zoning is C1-1. Nearby retailers include Walgreens, Dunkin’, Target, Costco, Home Depot, Menards, Micro Center and several restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.6959121
    Latitude
    41.9216942

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    FAQs

    What type of property is this?
    Retail space - Single-story retail property with basement in high-traffic location.
    Where is this retail space located?
    The property is located at 2252 N Milwaukee Ave Chicago, IL.
    What are key features of this property?
    This property features: - Long-term tenant (Dollar Tree) since 1996, providing stable income.; - Highly visible corner location on Milwaukee and St. George.; - 10,739 SF single-story retail property plus 5,096 SF basement.
    (312) 338-3000
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    Chicago, IL 60642
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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
    2252 N Milwaukee Ave Chicago, IL 60642
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