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3500 N Milwaukee Avenue Chicago, IL 60641

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For Sale
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0.87 acres in Chicago's Northwest Side, delivered vacant.

Type:Land
Lot size:
0.87 Acres
Added:
Feb 26, 2026
Days on Market:
41
Last Refresh:
Mar 17 at 1:17 pm

Property Features for 3500 N Milwaukee Avenue

General Information

Standard status
Active
Lot size
0.87 Acres
Property subtype
Land

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Listing Contact
Rick Hansen

Listing agent Rick Hansen

Listing office S Hansen Realty Inc.

Listing date Feb 26, 2026

Source Crexi

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 S Hansen Realty Inc.


Overview

Prime Chicago Land Opportunity

This is a rare opportunity to acquire 0.87 acres, which consists of 7 parcels totaling 37,763 square feet, located on Chicago's Northwest Side. The property, currently occupied by Star Distributors, will be delivered vacant, providing flexibility for owner-users, investors, or developers. It is zoned B1-1, one of Chicago's most flexible designations, which allows for a wide range of commercial, office, service, and residential uses above the ground floor. The property is located on N Milwaukee Ave between Keeler and Tripp, offering excellent frontage, visibility, and traffic. It is situated just 1 mile from the rapidly redeveloped Six Corners, which features a new Target, 206 luxury apartments, Clarendale Senior Living with 258 units, Northwestern Medicine's $150 million outpatient center, and a new ALDI. The location is transit-friendly, with Bus Route 56 in front of the site, Routes 53 and 152 within 0.2 miles, the CTA Blue Line (Irving Park/Addison) 0.75 miles away, and Metra (Grayland) 0.5 miles away and Irving Park 0.7 miles away. It also provides easy access to I-90/94. The area is experiencing major public and private investment, including a $27 million streetscape upgrade to Milwaukee Ave and Logan Square, enhancing walkability and safety. The Alderwomen is open to change and development. The demographics show over 54,000 residents within 1 mile with an average income of $118,000, and over 493,000 residents within 3 miles with an average income of $127,000. There are over 95,000 local workers. The property features full block frontage with ample parking and is near strong retail including Target, Aldi, CVS, Starbucks and Chipotle.
Location Intelligence

Current Use by Public Records

Star Distributors Big Box & Wholesale Store Star Discount Warehouse Discount Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7325314
Latitude
41.9440515

FAQs

What type of property is this?
Commercial land - 0.87 acres in Chicago's Northwest Side, delivered vacant.
Where is this commercial land located?
The property is located at 3500 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Vacant 0.87‑acre (37,763 SF) property offering flexibility.; Zoned B1‑1, Chicago's most flexible designation, allowing diverse uses.; Prime location on N Milwaukee Ave with excellent frontage, visibility, and traffic.
More about this property
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