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Retail and Office Space with Kitchenette
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1223 N Milwaukee Ave, Chicago, IL 60642

Versatile storefront with three retail units and a second-floor office area, including a kitchenette.

Space SizeContact for details
Property Size3,600 SF
Days on Market967

Property Features for 1223 N Milwaukee Ave

General Information

Standard status Active
Size 3,600 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Flexible Term Yes

Amenities

kitchenette

Building Details

Stories 2
Tenancy Multi

Spaces For Lease

at 1223 N Milwaukee Ave Contact us

1223 N Milwaukee Ave $15/SF/Yr

Contact us
Listing Agency: Jameson Commercial
Listed By: Barry Kadish · License #475148869
Source: Moodyscre
Added: Dec 11, 2023 Changed: Jul 25 Last Checked: Aug 3 at 12:49PM

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 Jameson Commercial

Investment Insights

Based on property information with market context.

Located at 1223 N Milwaukee Ave, this mixed-use storefront property combines retail and office space within a flexible layout. The first floor is divided into three distinct retail units, supporting multiple leasing options. The second floor features a spacious office area and includes a kitchenette.

The building is situated in Wicker Park and is adjacent to a six-corner intersection, providing straightforward access for everyday customer and business use.

Overall, the configuration supports a retail-first presence with an office component on the upper level, including kitchenette service for the office space.

Key Highlights

  • 4,100 SF storefront retail and office space in Wicker Park
  • First floor has 3 distinct retail units for flexible leasing options
  • Second floor offers 2,500 SF office space with a kitchenette

Property Analytics

Current Use

Casa Bonita Real ... Real Estate Agency Red Star Cobbler (Bike/Boat/Book/etc) Store Bugaj Architects Architecture Firm Experienced Messenger Services Courier Service

Suggested Use

Top Pick Nursing Home Adult Day Care (Bike/Boat/Book/etc) Store Fish Market Tanning Salon 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,527
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Chicago, IL

$26.48 /SF/Yr
Avg Asking Price
$0.92–$133 /SF/Yr
Price Range
3,957 SF
Avg Space Size

This space is priced 43% below the average of $26.48 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Versatile storefront with three retail units and a second-floor office area, including a kitchenette.
Where is this storefront property located?
The property is located at 1223 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 4,100 SF storefront retail and office space in Wicker Park; First floor has 3 distinct retail units for flexible leasing options; Second floor offers 2,500 SF office space with a kitchenette
(312) 502-5297 Call to check price and availability
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