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Logan Square Retail Space Available
For Lease
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2754-56 N Milwaukee Avenue, Chicago, IL 60618

Raw commercial space in prime Logan Square location for lease.

Space Size6,000 SF
Days on Market797

Property Features for 2754-56 N Milwaukee Avenue

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail
Lease Type Net

Building Details

Building Size 6,000 SF
Tenancy Single

Spaces For Lease

at 2754-56 N Milwaukee Avenue Contact us

Available Space

Size
6,000 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Strauss Realty
Listed By: MJ Weinberger · License #IL 475183341
Source: Crexi
Added: Jun 28, 2024 Changed: Aug 20 Last Checked: Sep 1 at 11:22AM

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

Investment Insights

Based on property information with market context.

Located in the heart of Logan Square, this raw commercial space offers between 3,000 to 6,000 square feet for lease. The space is situated within a prominent one-story commercial building, providing good visibility next to the Dill Pickle Food co-tenant. The property is conveniently located steps away from the Blue-Line entrance/exit at Spaulding and across from a new construction 6-story apartment building containing 60 residential units. The surrounding area is pedestrian-friendly, boasting a Walk Score of 96, and is close to Logan Square's shopping, dining, and entertainment options. Nearby tenants include Gorilla Sushi, The Harding Tavern, Hopewell Brewing, Chiya Chai, Wake n Bakery, Cafe con Leche, and Gap Factory. The location benefits from a dense population within a 3-mile radius, encompassing half a million people across 182,391 households with an average household income of $117,508.

Key Highlights

  • Prime Logan Square location with high visibility.
  • Divisible 6,000 SF commercial space (can be 3,000 SF).
  • Steps to Blue‑Line entrance/exit at Spaulding.

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,697
Businesses Nearby
64k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 22% Apparel 15%
McDonald's Dining
33,587 visits/mo 0.1 miles
Gap Apparel
9,772 visits/mo 0.1 miles
Bank of America Shops & Services
8,903 visits/mo 0.1 miles
Giordano's Dining
3,670 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
3,544 visits/mo 0.5 miles

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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 28% below 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
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Frequently Asked Questions

What type of property is this?
Retail space - Raw commercial space in prime Logan Square location for lease.
Where is this retail space located?
The property is located at 2754-56 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime Logan Square location with high visibility.; Divisible 6,000 SF commercial space (can be 3,000 SF).; Steps to Blue‑Line entrance/exit at Spaulding.
(847) 334-2587 Call to check price and availability
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