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Retail Flex Space with Basement Storage

1373 N Milwaukee Ave, Chicago, IL 60622

For Lease
Contact for pricing

Second-generation suites feature existing ductwork and included basement storage for added operational capacity.

Space Size2,881 SF
Days on Market180

Property Features for 1373 N Milwaukee Ave

General Information

Standard status Active
Size 2,881 SF
Property subtype RETAIL

Space & Availability

Divisible Yes
Space Use Flex

Site & Location

Neighborhood Wicker Park

Amenities

high ceilings
basement storage

Building Details

Tenancy Multi

Spaces For Lease

at 1373 N Milwaukee Ave
1373 N Milwaukee Ave AVAILABLE, Now
Floor 1
Size 2,881 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Second generation retail/flex spaces in the heart of Chicago’s Wicker Park Neighborhood - Situated less than 0.5 miles from both the Division and Damen Blue Line El stops - Ceiling heights in excess of 10’10”, to existing ductwork - Approximately 1,583 SF of basement storage space included with Suite A and approximately 1,183 SF of basement storage included with Suite B - Suites can be combined for a total of 3,431 SF
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Lara Keene · License #475144046
Source: Moodyscre
Added: May 14 Changed: Nov 6 Last Checked: Nov 8 at 6:15AM

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 Mid-America Real Estate Group | Chicago

Rey
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Investment Insights

Based on property information with market context.

This second-generation retail and flex property offers two suites with practical support space and existing building infrastructure. Ceiling heights exceed 10 feet 10 inches, and basement storage is included with each suite. Suite A includes approximately 1,583 SF of basement storage, while Suite B includes approximately 1,183 SF. The spaces may also be combined into a 3,431 SF configuration.

The property is located in Chicago’s Wicker Park neighborhood along N Milwaukee Ave. Both the Division and Damen Blue Line El stops are within 0.5 miles, providing nearby rail access. The combination of retail/flex functionality, above-standard ceiling height, and suite-specific storage supports a range of commercial layouts within the existing space.

Key Highlights

  • Two retail/flex suites can be combined for a total of 3,431 SF
  • Suite A includes approximately 1,583 SF of basement storage
  • Suite B includes approximately 1,183 SF of basement storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Volumes Bookstore is ... (Bike/Boat/Book/etc) Store Keycafe Shopping Center & Mall Volumes Bookcafe Cafe & Coffee Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care Carpet & Flooring Store Bed & Breakfast Fish Market

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,152
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$17.91 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,550 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Chicago, IL

$16.54 Jul
$17.2 Aug
$18.22 Sep
$18.06 Oct

Properties on Market for Flex space in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025

Similar Off Market Nearby

  • Jordan's Food of Distinction — 1551 W Thomas St, Chicago, IL 60622
  • Bires & Friedler Catering — 1938 W Division St, Chicago, IL 60622
  • ChefField Events — 1455 W Willow St, Chicago, IL 60642
  • HandCut Foods — 1441 W Willow St, Chicago, IL 60642
  • Artisan Catering Inc — 2246 w armitage ave, chicago, il 60647

Frequently Asked Questions

What type of property is this?
Flex space - Second-generation suites feature existing ductwork and included basement storage for added operational capacity.
Where is this flex space located?
The property is located at 1373 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: Two retail/flex suites can be combined for a total of 3,431 SF; Suite A includes approximately 1,583 SF of basement storage; Suite B includes approximately 1,183 SF of basement storage
(630) 481-4038 Call to check price and availability
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