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Avondale/Logan Square Retail Opportunity
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3025 N Milwaukee Ave, Chicago, IL 60618

Partially built-out space with tenant input for finishing buildout.

Space Size1,060 SF
Days on Market169

Property Features for 3025 N Milwaukee Ave

General Information

Standard status Active
Size 1,060 SF
Total Parking Spaces 8
Property subtype Retail, Office
Lease Type Net

Building Details

Year Built 1927
Tenancy Single

Spaces For Lease

at 3025 N Milwaukee Ave Contact us

Available Space

Size
1,060 SF
Type
Office, Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Triton Realty Group LLC
Listed By: Matthew Fritzshall · License #IL 471.016941
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 24 at 3:07PM

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 Triton Realty Group LLC

Investment Insights

Based on property information with market context.

Located at 3025 North Milwaukee Avenue in the Avondale/Logan Square area, this leasing opportunity features a partially built-out space where tenant input is welcome to complete the remaining buildout. The landlord is willing to participate in the cost. A brand new central heat and AC furnace and condenser are being installed. New windows and a new front facade are upcoming. The sidewalks along Milwaukee are newly repaved and replaced, offering an inviting storefront. The property provides excellent visibility and signage opportunities. Ample parking is available for both customers and employees, ensuring ease of access. Medical office and retail tenants occupy the rest of the property. This is the only space not currently rented in the building.

Key Highlights

  • Reduced rent, now $2,000/mo GL.
  • Landlord willing to participate in buildout costs.
  • Excellent visibility and signage opportunities.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store 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
$3.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,113
Businesses Nearby
251k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Apparel 24% Dining 18% Groceries 14%
T.J. Maxx Apparel
45,766 visits/mo 0.4 miles
Five Below Shops & Services
41,733 visits/mo 0.4 miles
Aldi Groceries
34,405 visits/mo 0.4 miles
Bank of America Shops & Services
17,336 visits/mo 0.5 miles
Taco Bell Dining
11,432 visits/mo 0.3 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

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

This space is priced 12% below the average of $25.66 /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 - Partially built-out space with tenant input for finishing buildout.
Where is this retail space located?
The property is located at 3025 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $22.64 SF/Yr.
What are key features of this property?
This property features: Reduced rent, now $2,000/mo GL.; Landlord willing to participate in buildout costs.; Excellent visibility and signage opportunities.**
(312) 788-9379 Call to check price and availability
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