Historic Mixed-Use
For Sale
Contact for pricing
Pending
232 E Chicago St, Milwaukee, WI 53202
Three-story commercial property with exposed brick, timber construction, lofted ceilings, and abundant natural light.
Property Size83,261 SF
Days on Market913
Property Features for 232 E Chicago St
General Information
Standard status
Pending
Size
83,261 SF
Property subtype
Mixed Use, Office, Retail
Occupancy
52%
Investment Type
Value Add
Amenities
underground parking
floor-to-ceiling windows
skylights
lofted open ceilings
Building Details
Year Built
1917
Year Renovated
2008
Buildings
1
Stories
3
Building Size
83,261 SF
Construction
exposed brick and timber
Tenancy
Multi
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Tom Shepherd, Sr. · License #WI 55481-94
Source:
Crexi
Added: Feb 29, 2024
Changed: Aug 30
Last Checked: Aug 30 at 5:24AM
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 Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Built in 1917 and substantially renovated in 2008, this three-story mixed-use property contains 83,261 SF at 232 E Chicago St in Milwaukee’s Historic Third Ward. Exposed brick and timber, lofted open ceilings, floor-to-ceiling windows, skylights, and updated tenant areas define the interior character. The building includes underground parking and is currently 53% leased to Restoration Hardware Outlet and Cramer-Krasselt marketing agency.
Restoration Hardware Outlet is expected to leave at the March 2026 lease expiration, opening first-floor space for future leasing or reconfiguration. The property sits within a redeveloped warehouse district surrounded by luxury apartments and condominiums, restaurants, boutique retailers, and arts and entertainment uses. Its Historic Third Ward setting also provides access to the area’s commercial and cultural amenities.
Restoration Hardware Outlet is expected to leave at the March 2026 lease expiration, opening first-floor space for future leasing or reconfiguration. The property sits within a redeveloped warehouse district surrounded by luxury apartments and condominiums, restaurants, boutique retailers, and arts and entertainment uses. Its Historic Third Ward setting also provides access to the area’s commercial and cultural amenities.
Key Highlights
- 83,261 SF mixed‑use building at 232 E Chicago St, Milwaukee, WI 53202
- Three‑story structure built in 1917 and extensively renovated in 2008
- Exposed brick and timber with lofted open ceilings, floor‑to‑ceiling windows, and skylights
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 53202, WI
27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Office in Milwaukee, WI
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story commercial property with exposed brick, timber construction, lofted ceilings, and abundant natural light.
Where is this mixed-use property located?
The property is located at 232 E Chicago St Milwaukee, WI.
What are key features of this property?
This property features: 83,261 SF mixed‑use building at 232 E Chicago St, Milwaukee, WI 53202; Three‑story structure built in 1917 and extensively renovated in 2008; Exposed brick and timber with lofted open ceilings, floor‑to‑ceiling windows, and skylights
