Prime Chicago Land
For Sale
Contact for pricing
3500 N Milwaukee Avenue, Chicago, IL 60641
0.87 acres in Chicago's Northwest Side, delivered vacant.
Property SizeContact for details
Lot Size0.87 Acres
Days on Market177
Property Features for 3500 N Milwaukee Avenue
General Information
Standard status
Active
Lot size
0.87 Acres
Property subtype
Land
Zoning
B1-1
Listing Agency:
S Hansen Realty Inc.
(312) 547-9704
Listed By:
Rick Hansen · License #IL 471018873
Source:
Crexi
Added: Feb 26
Changed: Aug 8
Last Checked: Jul 23 at 8:16AM
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
