3-Unit Mixed-Use
For Sale
Contact for pricing
Pending
3200 N Milwaukee Ave, Chicago, IL 60618
Three storefront condominium units at a signalized intersection with two occupied spaces and one available suite.
Property Size5,275 SF
Days on Market144
Property Features for 3200 N Milwaukee Ave
General Information
Standard status
Pending
Size
5,275 SF
Property subtype
Retail, Mixed Use
Occupancy
72%
Net Operating Income
$44,000
Additional Details
Corner Location
Yes
Building Details
Year Built
1914
Year Renovated
2003
Buildings
1
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 602-2005
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:41AM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This three-unit mixed-use condominium building contains 5,275 SF and dates to 1914, with renovation completed in 2003. Two units are occupied by H&R Block and Chicago Ink & Tattoo, while a 1,956 SF suite is vacant. Current occupancy is 72%, creating a leasing component within the existing configuration.
The property occupies the west corner of the signalized Milwaukee Avenue and Belmont Avenue intersection at 3200 N Milwaukee Ave in Chicago. Interstate-94 and the Belmont Blue Line station are each less than one mile east, and CTA bus stops are located along the intersection. Nearby retailers include Walgreens, CVS/Pharmacy, PNC Bank, Planet Fitness, Family Dollar, 7-Eleven, McDonald's, Dunkin Donuts, Wendy's, Burger King, and Taco Bell.
The property occupies the west corner of the signalized Milwaukee Avenue and Belmont Avenue intersection at 3200 N Milwaukee Ave in Chicago. Interstate-94 and the Belmont Blue Line station are each less than one mile east, and CTA bus stops are located along the intersection. Nearby retailers include Walgreens, CVS/Pharmacy, PNC Bank, Planet Fitness, Family Dollar, 7-Eleven, McDonald's, Dunkin Donuts, Wendy's, Burger King, and Taco Bell.
Key Highlights
- 5,275 SF mixed‑use building constructed in 1914 and renovated in 2003
- Three storefront condominium units with 72% current occupancy
- 1,956 SF vacant suite available for lease‑up
Property Analytics
Property Profile
Current Use
Lease Details
72%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,907
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 41%
Electronics 4%
Wendy's
Dining
16,305 visits/mo
0.4 miles
Taco Bell
Dining
11,432 visits/mo
0.1 miles
Shell
Shops & Services
10,201 visits/mo
0.1 miles
Burger King
Dining
9,506 visits/mo
0.1 miles
Marathon
Shops & Services
8,046 visits/mo
0.2 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?
Mixed-use property - Three storefront condominium units at a signalized intersection with two occupied spaces and one available suite.
Where is this mixed-use property located?
The property is located at 3200 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: 5,275 SF mixed‑use building constructed in 1914 and renovated in 2003; Three storefront condominium units with 72% current occupancy; 1,956 SF vacant suite available for lease‑up
