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Milwaukee Avenue Retail Space Available
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2252 N Milwaukee Ave, Chicago, IL

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

Space Size10,739 SF
Lot Size0.26 Acres
Days on Market750

Property Features for 2252 N Milwaukee Ave

General Information

Standard status Active
Size 10,739 SF
Lot size 0.26 Acres
Property subtype RETAIL

Spaces For Lease

at 2252 N Milwaukee Ave
2252 N Milwaukee Ave AVAILABLE, Now
Floor Bldg
Size 10,739 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 10,739 SF single-story retail property plus 5,096 SF basement- Currently a Dollar Tree - Fully sprinklered - Tenant since 1996 and in 5th option period - Highly visible corner location on Milwaukee and St. George - Great opportunity for an investor - Nearby retailers such as Walgreens, Dunkin’, Target, Costco, Home Depot, Menards, Micro Center and several restaurants - Land area: 10,989 SF - Traffic Count: 11,441 cars daily - Zoning: C1-1
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Listing Agency: Millennium Properties Real Estate
Listed By: Susan B. Silver · License #475136992
Source: Moodyscre
Added: Sep 17, 2024 Changed: Aug 8 Last Checked: Jul 25 at 5:54AM

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 Millennium Properties Real Estate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Current Use

Dollar Tree Discount Store

Suggested Use

Top Pick Nursing Home Accounting Firm Fish Market HVAC Service Clothing & Fashion Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

2,784
Businesses Nearby
148k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 30% Home Improvements & Furnishings 5% Beauty & Spa 1%
Dollar Tree Shops & Services
21,431 visits/mo 0.1 miles
Chase Bank Shops & Services
16,483 visits/mo 0.0 miles
PNC Bank Shops & Services
10,614 visits/mo 0.3 miles
Wendy's Dining
10,230 visits/mo 0.0 miles
BP Shops & Services
9,224 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 SF
Avg Space Size

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
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Frequently Asked Questions

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) 338-3001 Call to check price and availability
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