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Shopping Center Near Transit
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1265 N Milwaukee Ave, Chicago, IL 60622

Surface parking and access to CTA rail and bus service support convenient visits.

Space Size4,999 SF
Days on Market3

Property Features for 1265 N Milwaukee Ave

General Information

Standard status Active
Size 4,999 SF
Property subtype RETAIL

Site & Location

Neighborhood Wicker Park

Spaces For Lease

at 1265 N Milwaukee Ave
1265 N Milwaukee Ave AVAILABLE, On Available Date
Floor 1
Size 4,999 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Wicker Park Commons is the dominant and only West Side mixed-use power center of its size, serving the immediate trade areas of Bucktown, Wicker Park, West Town, Ukrainian Village and Logan Square Convenience oriented center catering to the daily needs of customers - Ideally located at the major six corner intersection of Ashland, Milwaukee and Division for a combined 56,000 vehicles per day - One block to the Division Street Blue line Transit stop serving 2 million riders annually (CTA) and walking distance to CTA bus lines Estimated population of about 120,000 with an average income of $124,833 within a 1.5 mile radius Abundant surface parking lot
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Jaime Bertsche
Source: Moodyscre
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 4:44PM

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 Mid-America Real Estate Group | Oakbrook Terrace

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Investment Insights

Based on property information with market context.

Wicker Park Commons is a shopping center with a convenience-oriented retail mix serving customers’ daily needs. The listed property size is 4,999 square feet, and the site includes a surface parking lot.

The center is positioned at the intersection of Ashland, Milwaukee and Division, where the three streets carry a combined 56,000 vehicles per day. The Division Street Blue Line station is one block away, with CTA bus routes also within walking distance. The center serves nearby trade areas including Bucktown, Wicker Park, West Town, Ukrainian Village and Logan Square.

Key Highlights

  • At the Ashland, Milwaukee and Division intersection, with a combined 56,000 vehicles per day
  • One block from the Division Street Blue Line station, which serves 2 million riders annually
  • Walking distance to CTA bus lines

Property Analytics

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Current Use

Iron Age Korean ... Restaurant Rotate Landscaping

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
Under-served
Demand for This Use

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

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
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Market

Lease Benchmarks for Chicago, IL

$21 /SF/Yr
Avg Asking Price
$15–$30 /SF/Yr
Price Range
36,756 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

Similar Off Market Nearby

  • Zellers Textile — 1719 W Chicago Ave, Chicago, IL 60622
  • Wicker Park Commons — 1230 N Ashland Ave, Chicago, IL 60622
  • Keycafe — 1373 N Milwaukee Ave, Chicago, IL 60642
  • Coinstar Kiosk - Bitcoin ATM — 1341 N Paulina St Jewel, Chicago, IL 60622
  • Keycafe — 2060 W North Ave, Chicago, IL 60647

Frequently Asked Questions

What type of property is this?
Shopping center - Surface parking and access to CTA rail and bus service support convenient visits.
Where is this shopping center located?
The property is located at 1265 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: At the Ashland, Milwaukee and Division intersection, with a combined 56,000 vehicles per day; One block from the Division Street Blue Line station, which serves 2 million riders annually; Walking distance to CTA bus lines
(630) 954-7223 Call to check price and availability
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