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Retail Storefront Near CTA Station
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1209 N Milwaukee Ave, Chicago, IL 60642

Prime Milwaukee Avenue storefront steps from the CTA Blue Line station with strong pedestrian and bike traffic.

Property Size6,359 SF
Days on Market873

Property Features for 1209 N Milwaukee Ave

General Information

Standard status Active
Size 6,359 SF
Property subtype RETAIL
Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Hannah Perl
Source: Moodyscre
Added: Mar 13, 2024 Changed: Jul 26 Last Checked: Aug 1 at 1:27PM

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 Metro Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

Available for rent, this retail storefront is located at 1209 N Milwaukee Ave in Chicago, IL 60642. The property is positioned just steps from the Division CTA station on the Blue Line.

Situated on Milwaukee Ave, the location benefits from heavy traffic along the corridor and frequent bike activity. Alderman Brian Hopkins, 2nd Ward, is noted in the property remarks.

Key Highlights

  • Storefront located steps from the CTA Blue Line station
  • On Milwaukee Ave with heavy pedestrian and bike traffic
  • Located in Alderman Brian Hopkins’ 2nd Ward

Property Analytics

Current Use

Fifth Third Bank ... Loan Service Kate Corby & Dancers Theater & Performing Art Venue Oslo Builders General Contractor

Suggested Use

Top Pick Nursing Home Adult Day Care Tanning Salon Fish Market Butcher 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,432
Businesses Nearby
204k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Groceries 32% Shops & Services 16% Home Improvements & Furnishings 15%
Jewel-Osco Groceries
65,395 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.3 miles
Wendy's Dining
29,664 visits/mo 0.2 miles
BP Shops & Services
13,250 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
11,777 visits/mo 0.1 miles

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

$21.65 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,073 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Prime Milwaukee Avenue storefront steps from the CTA Blue Line station with strong pedestrian and bike traffic.
Where is this storefront property located?
The property is located at 1209 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: Storefront located steps from the CTA Blue Line station; On Milwaukee Ave with heavy pedestrian and bike traffic; Located in Alderman Brian Hopkins’ 2nd Ward
(847) 849-1026 Call to check price and availability
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