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Corner Retail Space in Portage Park
For Lease
$28.57 SF/Yr

4400 N Milwaukee Ave, Chicago, IL 60630

Renovated corner retail space with basement storage in Portage Park.

Space SizeContact for details
Days on Market760

Property Features for 4400 N Milwaukee Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $24,681
Listing Agency: Millennium Properties RE, Inc.
Listed By: Daniel Hyman · License #471.013658X
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 17 at 5:30PM

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 RE, Inc.

Investment Insights

Based on property information with market context.

This corner retail space, located in the Portage Park neighborhood of Chicago, offers approximately 1,050 square feet suitable for a variety of uses. The property includes basement space for storage. The space has been recently renovated throughout, featuring an updated storefront and electrical system. The interior exhibits high ceilings and a modern industrial aesthetic. Situated on the heavily trafficked corner of Milwaukee and Montrose, the property is approximately 10 miles from downtown Chicago. The location provides convenient access to public transportation, major thoroughfares, and expressways. The Portage Park neighborhood features a diverse population, including families and young professionals, and is characterized by a mix of residential and commercial areas.

Key Highlights

  • High‑traffic corner location at Milwaukee and Montrose in Portage Park.
  • Recently renovated with updated storefront and electrical.
  • Approximately 1,050 sq ft space suitable for various uses.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Acupuncture Nursing Home Garden Center Cosmetic Store Hotel & Motel 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
$4.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,111
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 27% Home Improvements & Furnishings 4%
Dollar Tree Shops & Services
23,411 visits/mo 0.4 miles
Burger King Dining
7,268 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,276 visits/mo 0.2 miles
BP Shops & Services
6,272 visits/mo 0.2 miles
Bank of America Shops & Services
6,221 visits/mo 0.4 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 11% above the average of $25.68 /SF/Yr.

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 - Renovated corner retail space with basement storage in Portage Park.
Where is this retail space located?
The property is located at 4400 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $28.57 SF/Yr.
What are key features of this property?
This property features: High‑traffic corner location at Milwaukee and Montrose in Portage Park.; Recently renovated with updated storefront and electrical.; Approximately 1,050 sq ft space suitable for various uses.
More about this property
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