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Retail Space with Garage Parking
For Sale
$300,000

3069 N Milwaukee Avenue, Chicago, IL 60647

Avondale storefront offers transit access, concrete flooring, planned central HVAC, and a bathroom for retail operations.

Property Size34,220 SF
Price / SF$8.77
Days on Market60

Property Features for 3069 N Milwaukee Avenue

General Information

Standard status Active
Size 34,220 SF
Property subtype COMMERCIAL

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $7,679

Amenities

central heat and ac
bathroom

Building Details

Building Size 34,220 SF
Year Built 2022
Listing Agency: Core Realty & Investments, Inc
Listed By: Boris Dukach · License #475000025
Source: Dawnmckennagroup
Added: Jun 15 Changed: Aug 11 Last Checked: Aug 12 at 3:12PM

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 Core Realty & Investments, Inc

Investment Insights

Based on property information with market context.

Built in 2022, this 1,300-square-foot retail space fronts Milwaukee Avenue with 70 feet of exposure and a 13-foot ceiling height. The interior was previously finished as a studio entertainment space and includes smooth concrete floors. Central heat and AC, along with a bathroom, will be provided, and the premises are delivered in their current condition. Garage parking is available for up to 4 additional spaces.

The property is near the Belmont CTA Blue Line Station and the Milwaukee Avenue CTA bus stop. Surrounding businesses include Staropolska Restaurant, Poke Okie, Walgreens, Dunkin’, Magnifico Coffee Roasters, and Aldi. The address is 3069 N Milwaukee Avenue in Chicago’s Avondale area.

Key Highlights

  • 1,300 SF retail space with 70 feet of frontage on Milwaukee Avenue
  • 13‑foot ceiling height and smooth concrete floors
  • Previously finished as a studio entertainment space

Property Analytics

Current Use

Studio Morale Hotel & Motel

Suggested Use

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,006
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 40% Apparel 5% Electronics 5%
Taco Bell Dining
11,432 visits/mo 0.2 miles
Shell Shops & Services
10,201 visits/mo 0.2 miles
Shell Shops & Services
10,004 visits/mo 0.5 miles
Burger King Dining
9,506 visits/mo 0.2 miles
Marathon Shops & Services
8,046 visits/mo 0.4 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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
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Frequently Asked Questions

What type of property is this?
Retail space - Avondale storefront offers transit access, concrete flooring, planned central HVAC, and a bathroom for retail operations.
Where is this retail space located?
The property is located at 3069 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,300 SF retail space with 70 feet of frontage on Milwaukee Avenue; 13‑foot ceiling height and smooth concrete floors; Previously finished as a studio entertainment space
More about this property
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