Renovated Historic Loft Office
For Sale
Contact for pricing
1643 North Milwaukee Avenue, Chicago, IL 60647
Fully renovated five-story creative office building with modern systems and boutique historic character.
Property Size20,631 SF
Days on Market63
Property Features for 1643 North Milwaukee Avenue
General Information
Standard status
Active
Size
20,631 SF
Property subtype
Office
Occupancy
100%
Building Details
Year Built
1894
Year Renovated
2017
Stories
5
Tenancy
Multi
Listing Agency:
CBRE - Chicago
(913) 909-9529
Listed By:
Dominic Soltero · License #475153308
(913) 909-9529
Source:
Cbre
Added: Jun 11
Changed: Aug 8
Last Checked: Jun 13 at 4:22AM
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 CBRE - Chicago
Investment Insights
Based on property information with market context.
This fully renovated five-story historic loft office building was built in 1894 and gut-renovated in 2017. It offers 20,631 SF of creative office space across five floors, with modernized mechanical systems and a Firestone TPO roof. The building features a multi-wythe brick facade with limestone detailing, supporting a distinctive boutique presence while providing an office layout suited to creative tenants.
The property is located at 1643 North Milwaukee Avenue in Chicago, IL 60647. Per the offering materials, an adjacent building at 1647 N Milwaukee is also available for sale, and details can be obtained from the broker.
For buyers seeking a renovated historic office asset with creative workspace positioning, this building is currently operating at 100% occupancy with in-place tenancy. Tenants identified in the remarks include Compass Illinois (two suites), Core Campus (two suites), and Arrival Artists. The property’s rental range is cited in the offering remarks as $24–$42/SF, which is described as meaningfully above a referenced submarket average; buyers should review the Offering Memorandum for further detail.
The property is located at 1643 North Milwaukee Avenue in Chicago, IL 60647. Per the offering materials, an adjacent building at 1647 N Milwaukee is also available for sale, and details can be obtained from the broker.
For buyers seeking a renovated historic office asset with creative workspace positioning, this building is currently operating at 100% occupancy with in-place tenancy. Tenants identified in the remarks include Compass Illinois (two suites), Core Campus (two suites), and Arrival Artists. The property’s rental range is cited in the offering remarks as $24–$42/SF, which is described as meaningfully above a referenced submarket average; buyers should review the Offering Memorandum for further detail.
Key Highlights
- Fully renovated five‑story historic loft office building built in 1894 and gut‑renovated in 2017
- 20,631 SF creative office space across five floors with 100% occupancy
- Stable in‑place cash flow with rents ranging from $24–$42/SF, above the submarket average of $23.58/SF
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,705
Businesses Nearby
Explore this area
Business Placement
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 Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully renovated five-story creative office building with modern systems and boutique historic character.
Where is this office building located?
The property is located at 1643 North Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Fully renovated five‑story historic loft office building built in 1894 and gut‑renovated in 2017; 20,631 SF creative office space across five floors with 100% occupancy; Stable in‑place cash flow with rents ranging from $24–$42/SF, above the submarket average of $23.58/SF
