Listing Agency: CBRE | Chicago c***@cbre.com Show Phone

Listed By: Craig Lillibridge

Source: Moodyscre

Added: Apr 7, 2025 Changed: Aug 8 Last Checked: Aug 9 at 4:37AM

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Investment Insights

Based on property information with market context.

This commercial land is situated in a dynamic trade area at the six-way intersection of Irving Park, Milwaukee, and Cicero, with a combined traffic volume of 61,000 vehicles per day. The parcel is located adjacent to an Aldi store and the Clarendale residential community, which features 258 units. The property benefits from its proximity to a variety of neighboring retailers, including Aldi, Target, Jewel-Osco, Ross, Marshalls, Dunkin Donuts, Chipotle, and Starbucks. There are 70 dedicated parking stalls shared with Aldi.

Key Highlights

• High‑traffic location at a 6‑way intersection (61,000 VPD).
• Adjacent to Aldi and a 258‑unit residential community (Clarendale).
• 70 dedicated parking stalls shared with Aldi.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hotel & Motel Skin Care Clinic (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,387

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Commercial land in dynamic trade area near major retailers.

Where is this land located?

The property is located at 3945 N Milwaukee Ave Chicago, IL.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: High‑traffic location at a 6‑way intersection (61,000 VPD).; Adjacent to Aldi and a 258‑unit residential community (Clarendale).; 70 dedicated parking stalls shared with Aldi.