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Retail Space Steps from Trail
For Lease
$35 SF/Yr

1767 N Milwaukee Ave, Chicago, IL 60647

Retail space steps from Chicago’s 606 Trail, with convenient access to the Damen L stop and nearby shopping.

Space Size4,543 SF
Property Size172,548 SF
Days on Market51

Property Features for 1767 N Milwaukee Ave

General Information

Standard status Active
Size 4,543 SF
Property subtype Retail - Restaurant

Building Details

Building Size 172,548 SF
Year Built 2017

Spaces For Lease

at 1767 N Milwaukee Ave Contact us

Second-Generation Restaurant $35/SF/Yr

Size
4,543 SF
Type
Restaurant
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Adam C. Thomas · License #062060446
Source: Commercialcafe
Added: Jul 26 Changed: Sep 8 Last Checked: Sep 13 at 4:57AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This for-lease retail space is located at 1767 N Milwaukee Ave and totals 4,543 square feet. The property is positioned to serve day-to-day retail needs from a walkable, high-activity area tied to the Chicago 606 Trail.

The building is described as steps off the 606 Trail, which draws over 2M visitors annually, and it sits within a dense affluent residential population. It is also within walking distance of Wicker Park’s Milwaukee North & Damen shopping and dining district. Transit access is noted via the CTA Damen L stop, with 1.037M riders.

Key Highlights

  • Retail space steps from Chicago’s 606 Trail
  • 606 Trail draws over 2M visitors annually
  • Walking distance to Wicker Park’s Milwaukee North & Damen shopping and dining district

Property Analytics

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Current Use

Yolk - Test Kitchen Cafe & Coffee Shop

Suggested Use

Top Pick Nursing Home Accounting Firm (Bike/Boat/Book/etc) Store Butcher 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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,699
Businesses Nearby
250k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 31% Groceries 13% Apparel 8%
Barnes & Noble Shops & Services
48,824 visits/mo 0.3 miles
McDonald's Dining
43,397 visits/mo 0.3 miles
Aldi Groceries
32,222 visits/mo 0.1 miles
Circle K Shops & Services
17,408 visits/mo 0.4 miles
Shell Shops & Services
11,035 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

This space is priced 34% above the average of $26.1 /SF/Yr.

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 - Retail space steps from Chicago’s 606 Trail, with convenient access to the Damen L stop and nearby shopping.
Where is this retail space located?
The property is located at 1767 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Retail space steps from Chicago’s 606 Trail; 606 Trail draws over 2M visitors annually; Walking distance to Wicker Park’s Milwaukee North & Damen shopping and dining district
More about this property
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