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Renovated Retail Storefront
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2874 North Milwaukee Avenue, Chicago, IL 60618

Open-plan commercial space with high ceilings, three restrooms, storage, and rear access through an overhead garage door.

Property SizeContact for details
Days on Market143

Property Features for 2874 North Milwaukee Avenue

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: @properties Commercial Chicago
Listed By: Brandon Bollig · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:48PM

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 Chicago

Investment Insights

Based on property information with market context.

This 5000 SF storefront occupies part of a mixed-use building at 2874 North Milwaukee Avenue. The interior features an open floor plan, 15' ceilings, three bathrooms, rear storage, a crawlspace, and an overhead garage door for inventory access. Approximately 50' of window frontage brings natural light into the space. Renovations completed in April 2021 included the storefront facade, windows and frames, plumbing and electrical infrastructure, drywall, bathrooms, rear door, garage door, mop sink, water fountain, and rear parking slab.

The property is in Chicago’s Logan Square/Avondale area, within walking distance of restaurants and retail shops. Logan Square and Belmont Blue Line stops, along with multiple bus stops, are nearby. The commercial space includes a minimum of one dedicated rear parking spot, with the possibility of additional parking.

Key Highlights

  • 5000 SF storefront with 15' ceilings
  • Approximately 50' of window frontage
  • Renovation completed in April 2021

Property Analytics

Current Use

Magna Luggage Warehouse Storage Facility Prism Games Chicago Electronics & Wireless Store

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,054
Businesses Nearby
222k
Monthly Visits Nearby
Balanced
Demand for This Use

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

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with high ceilings, three restrooms, storage, and rear access through an overhead garage door.
Where is this storefront property located?
The property is located at 2874 North Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: 5000 SF storefront with 15' ceilings; Approximately 50' of window frontage; Renovation completed in April 2021
More about this property
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