Retail Building on Milwaukee
For Sale
$3,000,000
2958 N Milwaukee Ave, Chicago, IL 60618
Retail building leased to a national tenant in Chicago, Illinois.
Property Size45,183 SF
Days on Market275
Property Features for 2958 N Milwaukee Ave
General Information
Standard status
Active
Size
45,183 SF
Property subtype
Retail
Building Details
Building Size
45,183 SF
Year Built
1928
Listing Agency:
Mid-America Real Estate
(630) 954-7398
Listed By:
George Ghattas · License #475135588
Source:
Midamericagrp
Added: Nov 24, 2025
Changed: Aug 26
Last Checked: Aug 26 at 12:13PM
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 Mid-America Real Estate
Investment Insights
Based on property information with market context.
The property at 2958 North Milwaukee Avenue in Chicago, Illinois, is a retail building available for sale. The property is leased to a national tenant operating under a seven-year gross lease, which will commence at the close of escrow. The property size is 45183 square feet.
Key Highlights
- National tenant provides stable income stream.
- Investment grade tenant minimizes risk.
- Seven‑year gross lease offers predictable returns.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,162
Businesses Nearby
207k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 35%
Groceries 17%
Apparel 7%
Five Below
Shops & Services
41,733 visits/mo
0.5 miles
Aldi
Groceries
34,405 visits/mo
0.5 miles
McDonald's
Dining
33,587 visits/mo
0.5 miles
Taco Bell
Dining
11,432 visits/mo
0.4 miles
Shell
Shops & Services
10,201 visits/mo
0.4 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?
Retail space - Retail building leased to a national tenant in Chicago, Illinois.
Where is this retail space located?
The property is located at 2958 N Milwaukee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: National tenant provides stable income stream.; Investment grade tenant minimizes risk.; Seven‑year gross lease offers predictable returns.
