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Wicker Park Retail Space Available
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1243 N Milwaukee Ave, Chicago, IL

Versatile retail space in high-traffic Wicker Park location.

Space Size2,333 SF
Lot Size0.06 Acres
Days on Market475

Property Features for 1243 N Milwaukee Ave

General Information

Standard status Active
Size 2,333 SF
Lot size 0.06 Acres
Property subtype RETAIL

Spaces For Lease

at 1243 N Milwaukee Ave Contact us

1241 N Milwaukee Ave

Floor
1
Size
2,333 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Small Shop Space Available in Wicker Park - ± 2,333 of versatile ground-floor...
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Listing Agency: Canvas Real Estate
Listed By: Andrew Becker · License #475136554
Source: Moodyscre
Added: May 22, 2025 Changed: Aug 12 Last Checked: Sep 8 at 4:04AM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This property offers approximately 2,333 square feet of ground-floor retail space. It is located at the base of a 60-unit residential development with a high occupancy rate. The location benefits from strong co-tenancy with national and daily needs retailers. Situated in Wicker Park, the property has a visible, off-corner position near the intersection of Ashland, Milwaukee, and Division Street, which experiences significant daily traffic. The adjacent Blue Line CTA Division station contributes to high commuter traffic in the area.

Key Highlights

  • High‑traffic location at the intersection of Ashland, Milwaukee, and Division St (26,800 vpd).
  • Located adjacent to the Blue Line CTA Division station (1,929,330 annual ridership).
  • Part of a 60‑unit residential development (98.3% occupied).

Property Analytics

Current Use

Retail space

Suggested Use

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

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

4,459
Businesses Nearby
320k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 20% Shops & Services 14% Home Improvements & Furnishings 10%
Jewel-Osco Groceries
65,395 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.1 miles
Wendy's Dining
29,664 visits/mo 0.1 miles
BP Shops & Services
13,250 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,777 visits/mo 0.2 miles

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 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 - Versatile retail space in high-traffic Wicker Park location.
Where is this retail space located?
The property is located at 1243 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: High‑traffic location at the intersection of Ashland, Milwaukee, and Division St (26,800 vpd).; Located adjacent to the Blue Line CTA Division station (1,929,330 annual ridership).; Part of a 60‑unit residential development (98.3% occupied).
(312) 231-2600 Call to check price and availability
More about this property
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