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Single-Tenant Retail Space
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1563 N Milwaukee Ave, Chicago, IL 60622

Dedicated retail premises configured for one occupant.

Space Size2,944 SF
Days on Market175

Property Features for 1563 N Milwaukee Ave

General Information

Standard status Active
Size 2,944 SF
Net Rentable 2,944 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 2,944 SF
Contiguous Space 2,944 SF
Space Use Retail

Building Details

Building Size 2,944 SF
Tenancy Single

Spaces For Lease

at 1563 N Milwaukee Ave Contact us

Basement Storage

Size
2,944 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Mid-America Real Estate
Listed By: Lara Keene · License #475144046
Source: Crexi
Added: Mar 12 Changed: Aug 30 Last Checked: Aug 30 at 8:46PM

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

Investment Insights

Based on property information with market context.

This retail space offers 2,944 square feet within a single-tenant configuration. The property is available for rent at 1563 N Milwaukee Ave in Chicago, Illinois 60622, providing a defined storefront setting for a retail operator.

Key Highlights

  • 2,944 square feet of retail space
  • Single‑tenant configuration
  • Located at 1563 N Milwaukee Ave, Chicago, IL 60622

Property Analytics

Current Use

ParkChicago #301306 Parking Lot & Garage Burton Chicago Flagship ... (Bike/Boat/Book/etc) Store

Suggested Use

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

5,788
Businesses Nearby
357k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 27% Dining 27% Shops & Services 21% Apparel 9%
Jewel-Osco Groceries
65,395 visits/mo 0.4 miles
Barnes & Noble Shops & Services
48,824 visits/mo 0.2 miles
Aldi Groceries
32,222 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.4 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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 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
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Frequently Asked Questions

What type of property is this?
Retail space - Dedicated retail premises configured for one occupant.
Where is this retail space located?
The property is located at 1563 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: 2,944 square feet of retail space; Single‑tenant configuration; Located at 1563 N Milwaukee Ave, Chicago, IL 60622
(630) 481-4038 Call to check price and availability
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