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Bucktown Retail Space with Courtyard
For Lease
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1539 N Milwaukee Ave, Chicago, IL

Single-tenant building with frontage and courtyard in vibrant location.

Space Size5,296 SF
Lot Size0.14 Acres
Days on Market1250

Property Features for 1539 N Milwaukee Ave

General Information

Standard status Active
Size 5,296 SF
Lot size 0.14 Acres
Property subtype RETAIL

Spaces For Lease

at 1539 N Milwaukee Ave Contact us

1539 N Milwaukee Ave

Floor
Bldg
Size
5,296 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 5,296 SF single-tenant building available with 50' of frontage along Milwaukee...
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Greg Bayer
Source: Moodyscre
Added: Mar 23, 2023 Changed: Aug 8 Last Checked: Aug 22 at 11:49AM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This 5,296 square-foot single-tenant building features 50 feet of frontage along Milwaukee Avenue. The space offers dramatic volume with 19-foot exposed ceiling heights. Substantial landlord renovations are underway, including extensive interior and exterior work. A 715 square-foot outdoor courtyard opportunity includes a 14 x 21 foot skylight above. The property can accommodate bar/restaurants, entertainment, and retail uses. Located in Chicago’s Bucktown & Wicker Park Neighborhoods, the area is known for its nightlife, fashion, restaurants, bars, and music venues. The property benefits from 24/7 activity at the six-corner intersection of Milwaukee, North and Damen Avenues. It is located amongst the top CTA rail stations with 2.2 million riders per year to the intersection. The combined Vehicle Per Day count is 49,300. The property offers exceptional branding potential as one of the few single-level, single-tenant buildings in the market. A 715 square-foot four-season courtyard with a 14 x 21 foot skylight above is currently under construction.

Key Highlights

  • High‑traffic location at the six‑corner intersection of Milwaukee, North and Damen Avenues in Bucktown/Wicker Park, with 49,300 combined V.P.D. and 2.2M CTA riders annually.
  • Substantial Landlord renovations underway, including extensive interior and exterior work.
  • 5,296 SF single‑tenant building with 50' of frontage, offering exceptional branding potential.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store Accounting Firm Butcher

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

5,788
Businesses Nearby
357k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 27% Dining 27% Shops & Services 21% Apparel 9%
Jewel-Osco Groceries
65,395 visits/mo 0.4 miles
Barnes & Noble Shops & Services
48,824 visits/mo 0.2 miles
Aldi Groceries
32,222 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.4 miles
Jeni's Splendid Ice Creams Dining
11,621 visits/mo 0.1 miles

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 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-tenant building with frontage and courtyard in vibrant location.
Where is this retail space located?
The property is located at 1539 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: High‑traffic location at the six‑corner intersection of Milwaukee, North and Damen Avenues in Bucktown/Wicker Park, with 49,300 combined V.P.D. and 2.2M CTA riders annually.; Substantial Landlord renovations underway, including extensive interior and exterior work.; 5,296 SF single‑tenant building with 50' of frontage, offering exceptional branding potential.**
(630) 954-7441 Call to check price and availability
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