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Retail Space Near Transit
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2315 N Milwaukee Ave, Chicago, IL 60647

Compact retail premises near dining, neighborhood services, and a Blue Line station.

Space Size500 SF
Days on Market10

Property Features for 2315 N Milwaukee Ave

General Information

Standard status Active
Size 500 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 2315 N Milwaukee Ave Contact us

2316 N California Ave $2,250/Mo

Floor
1
Size
500 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Population of 484,580 within 3 mile radius, with 208,772 households and average...
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Listing Agency: Strauss Realty, Ltd.
Listed By: MJ Weinberger · License #475183341
Source: Moodyscre
Added: Aug 24 Changed: Aug 30 Last Checked: Sep 1 at 11:26PM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

This 500-square-foot retail space is located at 2315 N Milwaukee Ave in Chicago. The property offers a compact commercial setting for retail use along Milwaukee Avenue.

The space is steps from the California Blue Line EL-stop and near USPS facilities. Milwaukee Avenue bars and restaurants are also within immediate reach. The surrounding three-mile radius includes a population of 484,580 and 208,772 households.

Key Highlights

  • 500 square feet of retail space
  • Steps from the California Blue Line EL‑stop
  • Near USPS facilities

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Accounting Firm HVAC Service Tanning Salon 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.

Lease Details

NNN (Triple Net)
Lease Type
$8.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,093
Businesses Nearby
155k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 32% Home Improvements & Furnishings 4% Electronics 3%
Dollar Tree Shops & Services
21,431 visits/mo 0.2 miles
Chase Bank Shops & Services
16,483 visits/mo 0.3 miles
PNC Bank Shops & Services
10,614 visits/mo 0.5 miles
Wendy's Dining
10,230 visits/mo 0.2 miles
BP Shops & Services
9,224 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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 96% above the average of $27.62 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Compact retail premises near dining, neighborhood services, and a Blue Line station.
Where is this retail space located?
The property is located at 2315 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: 500 square feet of retail space; Steps from the California Blue Line EL‑stop; Near USPS facilities
(847) 334-2587 Call to check price and availability
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