3945 N Milwaukee Ave, Chicago, IL

Listing office CBRE | Chicago c***@cbre.com Show Phone

Listing date Apr 7, 2025

Source Moodyscre

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 CBRE | Chicago

Report an issue

---

Overview

This commercial land is situated in a dynamic trade area at the six-way intersection of Irving Park, Milwaukee, and Cicero, with a combined traffic volume of 61,000 vehicles per day. The parcel is located adjacent to an Aldi store and the Clarendale residential community, which features 258 units. The property benefits from its proximity to a variety of neighboring retailers, including Aldi, Target, Jewel-Osco, Ross, Marshalls, Dunkin Donuts, Chipotle, and Starbucks. There are 70 dedicated parking stalls shared with Aldi.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.7456

Latitude

41.9527

Nearby Similar for Sale

• 

  $1,300,000

  6,400 SF

  Renovated Chicago Industrial Flex Warehouse

  6,400 SF renovated industrial flex warehouse in Chicago for sale.

  3146 W Chicago Avenue, Chicago, IL 60622

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with PPA License

  Fully renovated restaurant with licenses and uncommitted VGT potential.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with PPA License

  Fully renovated restaurant with licenses and VGT potential in Chicago.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with Licenses

  Fully renovated restaurant with licenses and residential unit for sale.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $649,000

  2,176 SF

  Turnkey Restaurant Opportunity in Chicago

  Below-market lease in East Lakeview, fully equipped restaurant with assets.

  420 W Belmont Avenue, Chicago, IL 60657

  View Details
• 

  $759,000

  5,000 SF

  Prime Retail Space in Chicago

  Commercial property in a high-traffic retail district.

  4411 N Kedzie Avenue, Chicago, IL 60625

  View Details
• 

  $1,295,000

  9,744 SF

  Chicago Office Building with Parking

  Two-story office building in Chicago's Clearing neighborhood.

  6350 W 63rd Street, Chicago, IL 60638

  View Details
• 

  $1,700,000

  Convenience Store Retail Building with Parking

  Turnkey convenience store in brick masonry with outdoor parking, surveillance, workstations, and restrooms—ready for immediate operation.

  5132 S Racine Avenue, Chicago, IL 60609

  View Details
• 

  $870,000

  7,600 SF

  Prime Development Opportunity on 79th

  19,625 sq ft lot in West Chatham.

  301 W 79th Street, Chicago, IL 60620

  View Details
• 

  $459,000

  3,000 SF

  Chicago Commercial Buildings For Sale

  Three commercial buildings in a busy Chicago neighborhood retail location.

  1753-1759 W 79th Street, Chicago, IL 60620

  View Details
• 

  $2,379,100

  10,000 SF

  Chicago Commercial Space for Sale

  Versatile commercial property in a prime Chicago location.

  1612-16 N Throop Street, Chicago, IL 60642

  View Details
• 

  $625,000

  4,593 SF

  Fulton River District Commercial Loft

  Classic timber loft in Fulton River District, Chicago.

  566 W Lake Street, Chicago, IL 60661

  View Details

FAQs

What type of property is this?

Land - Commercial land in dynamic trade area near major retailers.

Where is this land located?

The property is located at 3945 N Milwaukee Ave Chicago, IL.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: High‑traffic location at a 6‑way intersection (61,000 VPD).; Adjacent to Aldi and a 258‑unit residential community (Clarendale).; 70 dedicated parking stalls shared with Aldi.