Transit-Connected Retail Shopping
New
For Sale
$4,250,000
2847 N Milwaukee Ave, Chicago, IL 60618
Commercial space at a signalized intersection provides broad retail-use flexibility and direct access to the CTA Blue Line.
Property SizeContact for details
Days on Market2
Property Features for 2847 N Milwaukee Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
(281) 505-3344
Listed By:
Nick (Demo) Miller · License #NJ #3423423
Source:
Nmrk
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 20 at 7:49AM
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 Nick (Demo) Miller
Investment Insights
Based on property information with market context.
The property contains 18,450 square feet of retail space within a shopping center constructed in 1998. Its layout is configured to accommodate multiple retail uses, providing a substantial commercial footprint for an operator or investor.
Positioned at 2847 N Milwaukee Ave in Chicago, the center benefits from frontage along N Milwaukee Avenue and a signalized intersection. Direct access to a CTA Blue Line station adds a transit connection to the property’s accessibility profile.
Positioned at 2847 N Milwaukee Ave in Chicago, the center benefits from frontage along N Milwaukee Avenue and a signalized intersection. Direct access to a CTA Blue Line station adds a transit connection to the property’s accessibility profile.
Key Highlights
- 18,450 square feet of retail space
- Shopping center built in 1998
- Frontage on N Milwaukee Avenue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,054
Businesses Nearby
222k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Apparel 27%
Dining 18%
Groceries 16%
T.J. Maxx
Apparel
45,766 visits/mo
0.5 miles
Five Below
Shops & Services
41,733 visits/mo
0.4 miles
Aldi
Groceries
34,405 visits/mo
0.4 miles
McDonald's
Dining
33,587 visits/mo
0.4 miles
Bank of America
Shops & Services
17,336 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
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Commercial space at a signalized intersection provides broad retail-use flexibility and direct access to the CTA Blue Line.
Where is this shopping center located?
The property is located at 2847 N Milwaukee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 18,450 square feet of retail space; Shopping center built in 1998; Frontage on N Milwaukee Avenue
