Mixed-Use Building on Milwaukee
For Sale
Contact for pricing
Pending
1209 N Milwaukee Ave, Chicago, IL 60642
20,050 SF mixed-use building with high visibility.
Property Size20,050 SF
Days on Market2506
Property Features for 1209 N Milwaukee Ave
General Information
Standard status
Pending
Size
20,050 SF
Total Parking Spaces
12
Property subtype
Retail, Mixed Use
Zoning
B1-3
Building Details
Stories
3
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Susan Silver · License #IL 475136992
Source:
Crexi
Added: Oct 1, 2019
Changed: Aug 8
Last Checked: May 19 at 9:17PM
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 R/E
Investment Insights
Based on property information with market context.
A 20,050 square foot mixed-use building is available for sale on Milwaukee Ave. Fifth Third Bank currently leases a 3,481 square foot storefront; their lease expires in 2026 and includes three 5-year renewal options. A 12 space parking lot behind the building is reserved for Fifth Third Bank. The three story building has potential for a user or investor. A large facade provides an opportunity for branding. Much of the building is available for retail, office, hotel, or apartment use. The upper floors can also be converted to self storage. Facing the Polish Triangle, the property is highly visible from Division, Ashland and Milwaukee as well as the Blue Line pedestrians.
Key Highlights
- Highly visible location facing the Polish Triangle, accessible from Division, Ashland, Milwaukee, and the Blue Line.
- Mixed‑use building with potential for retail, office, hotel, apartment, or self‑storage conversion.
- Existing tenant: Fifth Third Bank leases a 3,481 sq ft storefront with lease expiring in 2026 and renewal options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,432
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 20,050 SF mixed-use building with high visibility.
Where is this mixed-use property located?
The property is located at 1209 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: Highly visible location facing the Polish Triangle, accessible from Division, Ashland, Milwaukee, and the Blue Line.; Mixed‑use building with potential for retail, office, hotel, apartment, or self‑storage conversion.; Existing tenant: Fifth Third Bank leases a 3,481 sq ft storefront with lease expiring in 2026 and renewal options.
