Search
Street-Level Retail Space
For Lease
Contact for pricing

1542-1550 N Milwaukee Ave, Chicago, IL 60622

Street-level retail suite available for lease with flexible layout suited to a variety of uses.

Property Size12,500 SF
Days on Market820

Property Features for 1542-1550 N Milwaukee Ave

General Information

Standard status Active
Size 12,500 SF
Property subtype RETAIL
Listing Agency: CRE Advising
Listed By: Steve Horvath · License #475128970
Source: Moodyscre
Added: May 2, 2024 Changed: Jul 26 Last Checked: Jul 29 at 3:48PM

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 CRE Advising

Investment Insights

Based on property information with market context.

This 12,500 SF street-level retail space is available for lease. The current use is a furniture store, but the space can accommodate a variety of uses, making it a practical option for tenants seeking retail presence.

The offering is part of a larger 36,000 SF building. The property is located on N Milwaukee Ave in the Wicker Park area of Chicago.

The space is presented as street-level retail, offering a straightforward configuration for retail operations.

Key Highlights

  • 12,500 SF street‑level retail space for lease in the heart of Wicker Park
  • Located in a larger 36,000 SF building (entire building also for sale)
  • Current use is a furniture store, but the space can fit a variety of uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Butcher 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,459
Businesses Nearby
320k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 20% Shops & Services 14% Home Improvements & Furnishings 10%
Jewel-Osco Groceries
65,395 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.1 miles
Wendy's Dining
29,664 visits/mo 0.1 miles
BP Shops & Services
13,250 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,777 visits/mo 0.2 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

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Street-level retail suite available for lease with flexible layout suited to a variety of uses.
Where is this retail space located?
The property is located at 1542-1550 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: 12,500 SF street‑level retail space for lease in the heart of Wicker Park; Located in a larger 36,000 SF building (entire building also for sale); Current use is a furniture store, but the space can fit a variety of uses
(630) 430-4300 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message