Building Details

Year Built 1923

Tenancy Single

Listing Agency: @properties Commercial 708-310-2105 Overview Other property details Taxes $48,733 Tax Frequency Annually CNET Properties L.L.C. Request a tour Contact agent Request a tour Contact agent Listed by Paul Grill with @properties Commercial 708-310-2105

Listed By: Paul Grill Show Phone

Source: Cnetproperties

Added: Jan 14 Changed: Sep 15 Last Checked: Sep 15 at 11:15AM

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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 @properties Commercial 708-310-2105 Overview Other property details Taxes $48,733 Tax Frequency Annually CNET Properties L.L.C. Request a tour Contact agent Request a tour Contact agent Listed by Paul Grill with @properties Commercial 708-310-2105

Investment Insights

Based on property information with market context.

Rare leasing opportunity to occupy a large single-tenant retail building. The majority of the first floor features 15-foot high ceilings, providing substantial vertical presence for showroom, retail, or service layout needs.

The property is located on Milwaukee Ave, where newly widened sidewalks and curb extensions have been implemented along the frontage to support outdoor dining.

With a single-tenant configuration and generous first-floor height, the space is well suited for tenants seeking one cohesive footprint.

Key Highlights

• Large single‑tenant retail building designed for one tenant
• Majority of the first floor features 15‑foot high ceilings
• Newly widened sidewalks and curb extensions along Milwaukee Ave support outdoor dining

Property Analytics

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Current Use

Dr. Remegio M. ... Physician Dr. William J. ... Physician Dr. Lynn M. ... Physician Dr. John T. ... Physician Dr. Lillian C. ... Physician

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Bed & Breakfast Skin Care Clinic 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

15 ft

Clear height

Single-tenant

Tenancy

NNN (Triple Net)

Lease Type

$3.60 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,912

Businesses Nearby

89k

Monthly Visits Nearby

Explore this area Business Placement

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

Lease Benchmarks for Chicago, IL

$26.47 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

8,902 SF

Avg Space Size

This space is priced 9% below the average of $26.47 /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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Large single-tenant retail building with majority first-floor 15-foot ceilings and newly improved sidewalk for outdoor dining.

Where is this retail space located?

The property is located at 2659 N Milwaukee Avenue Chicago, IL.

What is the lease rate?

The lease rate is $24 SF/Yr.

What are key features of this property?

This property features: Large single‑tenant retail building designed for one tenant; Majority of the first floor features 15‑foot high ceilings; Newly widened sidewalks and curb extensions along Milwaukee Ave support outdoor dining