Clear-Span Office
For Lease
$22 SF/Yr
2118 N Milwaukee Avenue, Chicago, IL 60647
Column-free commercial space with rear parking and a divisible layout for office use.
Space Size2,125 SF - 4,250 SF
Days on Market541
Property Features for 2118 N Milwaukee Avenue
General Information
Standard status
Active
Size
2,125 SF - 4,250 SF
Net Rentable
4,250 SF
Total Parking Spaces
5
Zoning
COMMR
Space & Availability
Available Space
2,125-4,250 SF
Contiguous Space
4,250 SF
Divisible
Yes
Taxes and HOA fees
Annual Taxes
$17,470
Building Details
Year Built
1990
Stories
1
Units
2
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Michael Weaver
(773) 327-9300
Source:
Ozmentrealestate
Added: Feb 28, 2025
Changed: Aug 10
Last Checked: Aug 22 at 1:12PM
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 Chicago Real Estate Resources
Investment Insights
Based on property information with market context.
This rentable office property provides 4,250 square feet of clear-span space without interior posts or columns. The layout can be divided into two 2,125-square-foot sections, offering flexibility within the existing building. Five parking spaces are located behind the property.
The property is positioned across from the Congress Theater, which received TIF funds for a 2025 renovation. It also faces a large parcel identified as the future site of a Trader Joe’s. The building was constructed in 1990.
The property is positioned across from the Congress Theater, which received TIF funds for a 2025 renovation. It also faces a large parcel identified as the future site of a Trader Joe’s. The building was constructed in 1990.
Key Highlights
- 4,250 square feet of clear‑span office space
- Can be divided into two 2,125‑square‑foot sections
- Five parking spaces positioned at the rear
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,718
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Chicago, IL
$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size
This space is priced 25% below the average of $29.31 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Column-free commercial space with rear parking and a divisible layout for office use.
Where is this office units located?
The property is located at 2118 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 4,250 square feet of clear‑span office space; Can be divided into two 2,125‑square‑foot sections; Five parking spaces positioned at the rear
