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Retail and Office Building
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1643 North Milwaukee Avenue, Chicago, IL 60647

For sale commercial building offering both storefront and office space in Chicago.

Property Size20,631 SF
Days on Market69

Property Features for 1643 North Milwaukee Avenue

General Information

Standard status Active
Size 20,631 SF
Property subtype Office
Listing Agency: CBRE - Chicago
Listed By: Dominic Soltero · License #475153308
Source: Cbre
Added: Jun 17 Changed: Aug 23 Last Checked: Aug 22 at 5:18AM

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 for-sale commercial building is presented as a combination of retail storefront and office space, offering a versatile layout that can support a range of tenant and buyer use cases. The property is marketed within a mix of storefront properties, retail properties and spaces, office buildings, and office spaces categories, indicating an adaptable configuration for different operating models.

The asset is located at 1643 N Milwaukee Ave in Chicago, IL 60647. Access and frontage details are not provided in the information available, so prospective parties should review the offering materials for specifics on the building’s entrances, streetscape frontage, and any site considerations.

For retailers and office users evaluating a single ownership opportunity, this property’s dual classification may be useful when planning for showroom, service, or office-based operations under one roof. Buyers seeking flexibility may also find the retail-and-office positioning helpful for accommodating different tenant requirements. Interested parties can access the Offering Memorandum through the provided CBRE Deal Flow link to review additional building, leasing, and operational details not included in the summary provided.

Key Highlights

  • Commercial building with storefront and office space in Chicago
  • Built in 1894

Property Analytics

Current Use

Ramiro Solis - Chicago ... Real Estate Agency Sal Mazzulla, Realtor ... Real Estate Agency Oxenfree Real Estate Agency Second City Agents Real Estate Agency RENT BUY SELL ... Real Estate Agency

Suggested Use

Top Pick Nursing Home Accounting Firm Butcher Clothing & Fashion Store Fish Market (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

4,705
Businesses Nearby
Under-served
Demand for This Use

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

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Similar Off Market Nearby

  • bou•K 1830 N Milwaukee Ave Suite C, Chicago, IL 60647
  • Flowerlife, Inc. 2001 N Oakley Ave, Chicago, IL 60647
  • Plant place 2545 W Division St, Chicago, IL 60622
  • Flores Del Amor 2611 W Division St, Chicago, IL 60622
  • Linda's Flowers 2439 W Armitage Ave, Chicago, IL 60647

Frequently Asked Questions

What type of property is this?
Storefront property - For sale commercial building offering both storefront and office space in Chicago.
Where is this storefront property located?
The property is located at 1643 North Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Commercial building with storefront and office space in Chicago; Built in 1894
More about this property
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