Building Details

Buildings 1

Listing Agency: Frontline Real Estate Partners

Listed By: Matthew Tarshis · License #471022713 Show Phone

Source: Crexi

Added: Apr 13 Changed: Sep 1 Last Checked: Aug 31 at 11:04PM

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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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This freestanding retail property contains 4,400 SF and includes a new roof, upgraded electrical service, and one drive-in door. Its standalone format supports a range of retail or commercial occupancy configurations, while the building’s physical improvements provide useful operational infrastructure for an owner-user or investor.

The property occupies a commercial stretch of Milwaukee Avenue in Chicago’s Bucktown neighborhood. It is within walking distance of the Western and Damen Blue Line stations and the 606 Trail, with nearby retailers, restaurants, and service businesses including Walgreens, Aldi, Starbucks, McDonald’s, Verizon, and the UPS Store. Milwaukee Avenue, Western Avenue, and Armitage Avenue provide connections toward the Kennedy Expressway, identified as I-90/94, less than one mile east.

Key Highlights

• 4,400 SF freestanding retail building on Milwaukee Avenue
• New roof and upgraded electrical service
• One (1) drive‑in‑door

Property Analytics

Property Profile

Current Use

Smile Science Chicago ... Dental Office

Suggested Use

Top Pick Nursing Home Accounting Firm Butcher (Bike/Boat/Book/etc) Store Catering Service Clothing & Fashion 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

10,500 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

4,254

Businesses Nearby

223k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 45% Dining 34% Groceries 14% Electronics 3%

Barnes & Noble Shops & Services

48,824 visits/mo 0.5 miles

McDonald's Dining

43,397 visits/mo 0.2 miles

Aldi Groceries

32,222 visits/mo 0.2 miles

Circle K Shops & Services

17,408 visits/mo 0.3 miles

Shell Shops & Services

11,035 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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Storefront property - Updated commercial building with a drive-in door and upgraded electrical service along Milwaukee Avenue.

Where is this storefront property located?

The property is located at 1860 North Milwaukee Avenue Chicago, IL.

What are key features of this property?

This property features: 4,400 SF freestanding retail building on Milwaukee Avenue; New roof and upgraded electrical service; One (1) drive‑in‑door