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Retail Office Space in Wicker Park
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1232 North Milwaukee Avenue, Chicago, IL 60622

1,254 sq ft retail/office space near Division exit, adjacent to H&R Block.

Property Size1,254 SF
Days on Market90

Property Features for 1232 North Milwaukee Avenue

General Information

Standard status Active
Size 1,254 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Highway Access Yes
Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #471016960
Source: Moodyscre
Added: May 5 Changed: Jul 27 Last Checked: Aug 1 at 1:40PM

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 Miller Chicago

Investment Insights

Based on property information with market context.

Available for lease is 1,254 square feet of retail/office space in the heart of Wicker Park. The offering is presented as a flexible combination space intended to serve either retail or office users.

The location places the space adjacent to H&R Block and across the street from Verizon and Foot Locker. The surrounding area includes a mix of shopping and dining tenants, and the property is described as having a Walk Score of 99 along with a traffic count of over 9,500 vehicles per day. Minutes to downtown, it is also noted as 0.3 miles from the I-90/I-94 expressway Division exit.

Key Highlights

  • 1,254 sq ft retail/office space in the heart of Wicker Park
  • Adjacent to H&R Block, across the street from Verizon and Foot Locker
  • Walk Score of 99 with foot traffic and a traffic count over 9,500 vehicles per day

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store Adult Day Care Tanning Salon Fish Market Pet Grooming Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,459
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

This space is priced 13% above the average of $25.71 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 1,254 sq ft retail/office space near Division exit, adjacent to H&R Block.
Where is this retail space located?
The property is located at 1232 North Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 1,254 sq ft retail/office space in the heart of Wicker Park; Adjacent to H&R Block, across the street from Verizon and Foot Locker; Walk Score of 99 with foot traffic and a traffic count over 9,500 vehicles per day
(312) 513-8333 Call to check price and availability
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