Newly Constructed Retail/Restaurant
For Lease
Contact for pricing
3101 N Milwaukee Avenue, Chicago, IL 60647
COMMERCIAL - Chicago, IL
Days on Market315
Property Features for 3101 N Milwaukee Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Directions
Logan Square Milwaukee Ave N to address
Subdivision
CHI - Avondale
Standard status
Active
Taxes and HOA fees
Tax Year
2023
Utilities
Cooling system
Central Air, Exhaust Fan (Cooling)
Building Details
Year built
2023
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Brick, Concrete, Steel Siding
Listing Agency:
Troy Realty Ltd
(773) 792-3000
Listed By:
Andrzej Olszowka · License #475160900
(773) 792-3000
Added: Sep 19, 2025
Changed: Jul 13
Last Checked: Jul 30 at 10:06PM
MLS# 12476008
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3101 N Milwaukee Avenue in Chicago, this newly constructed space is finished with a “vanilla” interior and designed as a blank canvas for a tenant’s concept. The space offers flexibility for use as retail, restaurant, bar, spa, or office based on the layout and existing finish package. It also includes black iron elements and loading access from the alley.
The unit is positioned at the base of The 3101 Wilmot luxury apartments and set along Milwaukee Ave. It is described as being near the Target Mega Store in Logan Square, with visibility intended to support customer walk-in traffic from the surrounding retail and dining area.
The unit is positioned at the base of The 3101 Wilmot luxury apartments and set along Milwaukee Ave. It is described as being near the Target Mega Store in Logan Square, with visibility intended to support customer walk-in traffic from the surrounding retail and dining area.
Key Highlights
- Newly constructed space with a vanilla finish, offering flexibility for a tenant to customize the interior
- Central air plus exhaust fan (cooling)
- Construction materials include brick, concrete, and steel siding
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,006
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Newly built retail/restaurant space with loading from alley at base of 3101 Wilmot apartments.
Where is this retail space located?
The property is located at 3101 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Newly constructed space with a vanilla finish, offering flexibility for a tenant to customize the interior; Central air plus exhaust fan (cooling); Construction materials include brick, concrete, and steel siding
