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Salon Retail Space
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2545 N Milwaukee Avenue, Chicago, IL 60647

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market126

Property Features for 2545 N Milwaukee Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Milwaukee Ave South of logan Blvd
Subdivision CHI - Logan Square
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 14500

Utilities

Cooling system Central Air

Amenities

Multiple barber/styling chairs
Hair wash station
ADA-compliant client restroom
Private employee restroom
In-unit washer & dryer
Employee lounge/breakroom
Welcoming reception area

Building Details

Year built 1881
Floors in Building 1
Building materials Brick
Listing Agency: Troy Realty Ltd
Listed By: Vincent Gendusa · License #475154334
Added: Apr 21 Changed: Aug 20 Last Checked: Aug 24 at 1:06PM
MLS# 12439833

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 2545 N Milwaukee Avenue in Chicago, this retail space is configured for barber or hair salon use. The existing layout includes multiple barber and styling chairs, a hair wash station, a reception area, and an employee lounge or breakroom. An in-unit washer and dryer support day-to-day operations, while separate client and employee restrooms provide functional separation; the client restroom is ADA-compliant.

The building was constructed in 1881 with brick construction and has central air conditioning. The property is identified with COMMR zoning and is positioned in a setting described as surrounded by shops and restaurants with ongoing pedestrian activity.

Key Highlights

  • Multiple barber and styling chairs already installed
  • Hair wash station and reception area included
  • ADA‑compliant client restroom plus private employee restroom

Property Analytics

Current Use

Sparrow Hair Inc Hair Salon Sparrow For Everyone Cosmetic Store

Suggested Use

Top Pick HVAC Service Nursing Home (Bike/Boat/Book/etc) Store Fish Market Bed & Breakfast Clothing & Fashion 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

Location Intelligence

Trade Area within ½ mile

2,778
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Shops & Services 34% Electronics 4% Home Improvements & Furnishings 3%
McDonald's Dining
33,587 visits/mo 0.4 miles
Starbucks Dining
9,009 visits/mo 0.4 miles
BP Shops & Services
7,922 visits/mo 0.4 miles
Citibank Shops & Services
6,868 visits/mo 0.5 miles
Shell Shops & Services
6,324 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

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

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 - Configured with styling stations, a wash area, reception space, and separate client and employee restrooms.
Where is this retail space located?
The property is located at 2545 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Multiple barber and styling chairs already installed; Hair wash station and reception area included; ADA‑compliant client restroom plus private employee restroom
More about this property
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