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Logan Square Basement Space Available
For Lease
$15 SF/Yr

2839 N Milwaukee Avenue Unit B1, Chicago, IL 60618

3,500 SF basement space for lease in Logan Square.

Space SizeContact for details
Days on Market330

Property Features for 2839 N Milwaukee Avenue Unit B1

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 1910
Listing Agency: Miller Chicago LLC
Listed By: Andrea Miller · License #471016960
Source: Dawnmckennagroup
Added: Oct 11, 2025 Changed: Aug 23 Last Checked: Sep 4 at 12:04PM

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 Miller Chicago LLC

Investment Insights

Based on property information with market context.

This is a 3,500 square foot basement space available for lease, situated in a corner building on Milwaukee Avenue in Logan Square. The space is suitable for loft, storage, workshop, or warehouse use. Rent includes utilities. Public transportation options are readily accessible, with the #82 Kimball / Homan, #56 Milwaukee, and #76 Diversey bus routes located 0.1 miles away, and the Blue Line train station 0.3 miles away.

Key Highlights

  • Large 3,500 Sq Ft basement space - ideal for loft, storage, workshop, or warehouse use.
  • Utilities included in rent.
  • Excellent public transportation access with multiple bus routes and the Blue Line train nearby.

Property Analytics

Current Use

Runway Studios Salon ... Hair Salon

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Nursing Home Tech Support Center Fish Market

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,054
Businesses Nearby
Under-served
Demand for This Use

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

$12.87 /SF/Yr
Avg Asking Price
$5.5–$24 /SF/Yr
Price Range
72,418 SF
Avg Space Size

This space is priced 17% above the average of $12.87 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Chicago Industrial Corridor 2410 N Pulaski Rd, Chicago, IL 60639
  • Self-Storage at U-Haul 4100 W Fullerton Ave, Chicago, IL 60639
  • Hollander International Storage and Moving 2418 N Milwaukee Ave, Chicago, IL 60647
  • Crozet Self Storage Unit 2427 N Milwaukee Ave, Chicago, IL 60647
  • Public Storage 2638 N Pulaski Rd, Chicago, IL 60639

Frequently Asked Questions

What type of property is this?
Warehouse - 3,500 SF basement space for lease in Logan Square.
Where is this warehouse located?
The property is located at 2839 N Milwaukee Avenue Unit B1 Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Large 3,500 Sq Ft basement space - ideal for loft, storage, workshop, or warehouse use.; Utilities included in rent.; Excellent public transportation access with multiple bus routes and the Blue Line train nearby.
More about this property
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