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Occupied Retail Property with Signage
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1760 N Milwaukee Avenue, Chicago, IL 60647

Urban-infill retail property is 100% occupied and includes signage facing the 606 trail.

Property Size16,552 SF
Days on Market126

Property Features for 1760 N Milwaukee Avenue

General Information

Standard status Active
Size 16,552 SF
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Greenstone Partners
Listed By: Danny Spitz
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 7:55PM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

Greenstone Partners presents the opportunity to acquire the 100% fee-simple interest in a 16,552-square-foot urban-infill commercial property at 1760 N. Milwaukee Avenue.

The property is 100% occupied by Royal Palms Shuffleboard Club. The lease includes a personal guarantee by the owners and creators of Royal Palms, with an assumed liability cap of $750,000 for lease obligations and certain landlord costs, and the lease features a $400,000 security deposit. The property also features income-producing signage facing the 606 urban trail.

The location places the property within a half-mile of both the Damen and Western CTA Blue Line “L” stations. CTA bus routes #49, #50, #56, and #72 are within walking distance and run along Milwaukee, North, Western and Damen Avenues. Interstate 90/94 access is approximately 1 mile to the east.

Key Highlights

  • 16,552 SF urban‑infill commercial property in Chicago’s Wicker Park neighborhood
  • 100% occupied by Royal Palms Shuffleboard Club
  • Royal Palms lease has a $400,000 security deposit and is personally guaranteed by the owners/creators up to $750,000

Property Analytics

Current Use

Retail space

Suggested Use

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

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,912
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 24% Apparel 11% Electronics 4%
McDonald's Dining
33,587 visits/mo 0.1 miles
Gap Apparel
9,772 visits/mo 0.3 miles
Bank of America Shops & Services
8,903 visits/mo 0.3 miles
sweetgreen Dining
4,829 visits/mo 0.3 miles
7-Eleven Shops & Services
4,278 visits/mo 0.5 miles

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 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 - Urban-infill retail property is 100% occupied and includes signage facing the 606 trail.
Where is this retail space located?
The property is located at 1760 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: 16,552 SF urban‑infill commercial property in Chicago’s Wicker Park neighborhood; 100% occupied by Royal Palms Shuffleboard Club; Royal Palms lease has a $400,000 security deposit and is personally guaranteed by the owners/creators up to $750,000
(312) 234-0360 Call to check price and availability
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