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    5466 N Milwaukee Ave Chicago, IL 60642

    For Lease
    $10 SF/Yr ($2,499 /Mo)

    Highly visible corner building with drive-thru and parking lot.

    Property size:
    2,790 SF
    Lot size:
    0.33 Acres

    Property Features for 5466 N Milwaukee Ave

    General Information

    Size
    2,790 SF
    Lot size
    0.33 Acres

    Source: Strauss Realty, Ltd. Agent Craig Wolf

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

    Overview

    Jefferson Park Corner Building For Lease

    This highly visible corner building in Jefferson Park is available for lease. The property features a drive-thru, parking lot, and monument sign. Currently built out as a bank, the 2,790-square-foot building is surrounded by law offices, accountants, and medical and dental centers. The location is suitable for a restaurant, medical facility, or retail service tenant. Accessibility is enhanced by its proximity to I-90, which is 2 minutes away, and the Gladstone Park Metra station, located half a mile away (a 7-minute walk).
    Location Intelligence

    Current Use by Public Records

    Banks

    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
    -87.7729775
    Latitude
    41.9809509

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    FAQs

    What type of property is this?
    Bank - Highly visible corner building with drive-thru and parking lot.
    Where is this bank located?
    The property is located at 5466 N Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible corner building with drive-thru, parking lot, and monument sign.; - Ideal location for restaurant, medical facility, or retail service tenant.; - Great accessibility: 2 minutes from I-90.
    (847) 989-9653
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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
    5466 N Milwaukee Ave Chicago, IL 60642
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