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Renovated Corner Storefront
For Lease
$28 SF/Yr

4400 N Milwaukee Avenue, Chicago, IL 60630

Updated commercial space with basement storage, high ceilings, and refreshed electrical and storefront improvements.

Space Size1,050 SF
Days on Market1003

Property Features for 4400 N Milwaukee Avenue

General Information

Standard status Active
Size 1,050 SF
Net Rentable 1,050 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 1,050 SF
Contiguous Space 1,050 SF

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $24,681

Amenities

updated storefront
high ceilings
public transportation access

Building Details

Year Built 1944
Listing Agency: Millennium Properties RE, Inc.
Listed By: Daniel Hyman · License #471.013658X
Source: Dawnmckennagroup
Added: Nov 14, 2023 Changed: Aug 11 Last Checked: Aug 12 at 3:34PM

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 Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

This approximately 1,050-square-foot storefront occupies a corner location and includes additional basement area for storage. The space was recently renovated with an updated storefront and electrical system, while high ceilings contribute to its modern industrial character. The property was built in 1944.

Located at 4400 N Milwaukee Avenue in Chicago’s Portage Park neighborhood, the property sits at the Milwaukee and Montrose intersection, approximately 10 miles from downtown Chicago. Public transportation, major thoroughfares, and expressways provide access to the surrounding area. Portage Park combines residential and commercial uses within a diverse community that includes families and young professionals.

Key Highlights

  • Approximately 1,050 square feet of storefront space
  • Corner position at Milwaukee and Montrose in Portage Park
  • Basement area provides additional storage space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Acupuncture Nursing Home Garden Center Cosmetic Store Hotel & Motel Butcher

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,111
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 27% Home Improvements & Furnishings 4%
Dollar Tree Shops & Services
23,411 visits/mo 0.4 miles
Burger King Dining
7,268 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,276 visits/mo 0.2 miles
BP Shops & Services
6,272 visits/mo 0.2 miles
Bank of America Shops & Services
6,221 visits/mo 0.4 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.2 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
4,071 SF
Avg Space Size

This space is priced 3% above the average of $27.2 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space with basement storage, high ceilings, and refreshed electrical and storefront improvements.
Where is this storefront property located?
The property is located at 4400 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Approximately 1,050 square feet of storefront space; Corner position at Milwaukee and Montrose in Portage Park; Basement area provides additional storage space
More about this property
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