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Spacious Logan Square Commercial Property
For Lease
$24 SF/Yr

2659 N Milwaukee Avenue, Chicago, IL 60647

9,572 SF commercial property in Logan Square for rent.

Space SizeContact for details
Days on Market213

Property Features for 2659 N Milwaukee Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $48,733

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1923
Listing Agency: @PROPERTIES COMMERCIAL
Listed By: PAUL GRILL
Source: Corcoran
Added: Jan 21 Changed: Aug 22 Last Checked: Aug 22 at 6:42AM

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

Investment Insights

Based on property information with market context.

Located in the heart of Logan Square, 2659 N Milwaukee Ave is a commercial property offering 9,572 square feet of space. The building, formerly a full-service veterinary clinic, spans two levels. The first floor provides 5,850 square feet and features open office space, a spacious lobby and reception area, ample storage, elevator access, and three bathrooms. The second floor offers 3,722 square feet, including eight private offices, additional open office space, two kitchenette areas, extra storage solutions, and two additional bathrooms, bringing the total to five bathrooms throughout the building. This property is suited to meet the needs of modern businesses.

Key Highlights

  • 9,572 sq ft of flexible commercial space in Logan Square.
  • Two‑level layout: 5,850 sq ft on the first floor and 3,722 sq ft on the second.
  • Eight private offices on the second floor.

Property Analytics

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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,912
Businesses Nearby

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

$18.64 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,505 SF
Avg Space Size

This space is priced 29% above the average of $18.64 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 9,572 SF commercial property in Logan Square for rent.
Where is this office building 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: 9,572 sq ft of flexible commercial space in Logan Square.; Two‑level layout: **5,850 sq ft on the first floor and 3,722 sq ft on the second.**; Eight private offices on the second floor.
More about this property
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