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Divisible Clear-Span Retail Space
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2118 N Milwaukee Ave, Chicago, IL 60647

Clear-span retail space across from the Congress Theater, divisible into two suites.

Property Size4,250 SF
Days on Market906

Property Features for 2118 N Milwaukee Ave

General Information

Standard status Active
Size 4,250 SF
Property subtype RETAIL
Listing Agency: CRER
Listed By: Michael Weaver
Source: Moodyscre
Added: Mar 14, 2024 Changed: Aug 8 Last Checked: Sep 5 at 8:18AM

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 CRER

Investment Insights

Based on property information with market context.

This offering is a clear-span retail property designed without interior columns, supporting flexible layout options for a range of neighborhood-serving businesses. The building provides a total of 4,250 square feet, with the ability to be divided into two separate 2,125-square-foot spaces.

The property is located on the Milwaukee Avenue corridor and is positioned across the street from the Congress Theater. It is currently being vacated after more than four decades of Gillman Ace Hardware.

The stated allowable uses include Medical/Dental Office, Daycare, Veterinary Clinic, Dog Grooming, Hair Salon, Restaurant, Coffee Shop, and Tattoo Shop.

Key Highlights

  • 4,250 SF clear‑span retail space across from the Congress Theater in Bucktown/Palmer Square
  • No interior columns for an open layout suited to a variety of business uses
  • Divisible into two suites of 2,125 SF each

Property Analytics

Current Use

Stayyy.com Animal Training

Suggested Use

Top Pick Nursing Home Fish Market Butcher Clothing & Fashion Store Carpet & Flooring Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,718
Businesses Nearby
171k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 44% Home Improvements & Furnishings 2% Beauty & Spa 1%
McDonald's Dining
43,397 visits/mo 0.3 miles
Dollar Tree Shops & Services
21,431 visits/mo 0.3 miles
Chase Bank Shops & Services
16,483 visits/mo 0.2 miles
PNC Bank Shops & Services
10,614 visits/mo 0.3 miles
Wendy's Dining
10,230 visits/mo 0.3 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

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 - Clear-span retail space across from the Congress Theater, divisible into two suites.
Where is this retail space located?
The property is located at 2118 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: 4,250 SF clear‑span retail space across from the Congress Theater in Bucktown/Palmer Square; No interior columns for an open layout suited to a variety of business uses; Divisible into two suites of 2,125 SF each
(312) 446-5018 Call to check price and availability
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