Listing Agency: Greenstone Partners Show Phone

Listed By: Brewster Hague · License #IL 475.165689

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:41PM

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Investment Insights

Based on property information with market context.

The property at 1438 N. Milwaukee Avenue is a single-tenant retail storefront occupied by Supreme under a 10-year lease. The asset is positioned at the corner of North Milwaukee Avenue and West Evergreen Avenue, within Chicago’s Wicker Park neighborhood.

Milwaukee Avenue places the property between the Six-Corners intersection and the Polish Triangle. Those intersections record 46,450 and 50,600 vehicles per day, respectively. The surrounding shopping district includes Adidas Originals, Burton, Arc’teryx, CAVA, Levi’s, Carhartt, sweetgreen, Jeni’s Ice Cream, Buffalo Exchange, BODYBAR, Crumbl Cookies, and Tropical Smoothie Café.

Within 1-mile, the area has a population of 60,692, average household income of $153,788, and median home value of $601,591. Supreme operates 16 brick-and-mortar locations worldwide, and its parent company, VF Corporation, owns 12 retail brands with more than 1,265 retail locations across 100 countries.

Key Highlights

• 100% leased to Supreme under a 10‑year lease
• Corner position at North Milwaukee Avenue and West Evergreen Avenue
• Between Wicker Park’s Six‑Corners and Polish Triangle intersections

Property Analytics

Property Profile

Current Use

Yo Gabba Gabba Hardware & Home Improvement Supreme Clothing Store Mike's Fratting Big Box & Wholesale Store

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Fish Market 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.

Location Intelligence

Trade Area within ½ mile

5,718

Businesses Nearby

366k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Shops & Services 21% Groceries 18% Apparel 9%

Jewel-Osco Groceries

65,395 visits/mo 0.3 miles

Barnes & Noble Shops & Services

48,824 visits/mo 0.3 miles

Lowe's Home Improvements & Furnishings

31,134 visits/mo 0.4 miles

Wendy's Dining

29,664 visits/mo 0.5 miles

Jeni's Splendid Ice Creams Dining

11,621 visits/mo 0.1 miles

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

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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Frequently Asked Questions

What type of property is this?

Storefront property - Corner retail asset leased to Supreme along Milwaukee Avenue in Chicago’s Wicker Park neighborhood.

Where is this storefront property located?

The property is located at 1438 N Milwaukee Ave Chicago, IL.

What are key features of this property?

This property features: 100% leased to Supreme under a 10‑year lease; Corner position at North Milwaukee Avenue and West Evergreen Avenue; Between Wicker Park’s Six‑Corners and Polish Triangle intersections