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Retail Space with Mezzanine
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4015 N Milwaukee Ave, Chicago, IL 60641

Ground-floor retail with a 600 SF mezzanine and surface parking for tenants and customers.

Property Size6,637 SF
Days on Market1226

Property Features for 4015 N Milwaukee Ave

General Information

Standard status Active
Size 6,637 SF
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Ryan Hicks
Source: Moodyscre
Added: Mar 23, 2023 Changed: Jul 26 Last Checked: Jul 29 at 12:59PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This retail offering includes multiple available spaces at the historic Six Corners intersection within the Klee Building. Options range from 1,620 SF to 2,575 SF, with Retail B and C also available together for a combined 4,195 SF. Retail D features 6,000 SF of ground-floor space plus an additional 600 SF mezzanine. The space benefits from dramatic 16’–24’ ceiling heights, designed to support a strong in-line retail presentation.

The property provides an opportunity to front both Cicero Avenue and Milwaukee Avenue, with stated traffic counts of 21,700 VPD and 10,750 VPD, respectively. Surface parking is available to tenants and customers, supporting customer access for retail operations.

Additional space details are available for the specific units listed as Retail A, B, C, and D, including the combined B & C option and the mezzanine configuration for D.

Key Highlights

  • Retail availability at the historic Six Corners intersection within the Klee Building
  • Multiple retail spaces: 2,260 SF (Retail A), 1,620 SF (Retail B), 2,575 SF (Retail C)
  • Retail B & C combined totals 4,195 SF

Property Analytics

Current Use

ParkChicago #316116 Parking Lot & Garage Klee Plaza Condominiums Condominium Complex Klee Building Business Service Center

Suggested Use

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

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby
199k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Apparel 33% Dining 29% Home Improvements & Furnishings 1%
Marshalls Apparel
50,242 visits/mo 0.4 miles
Culver's Dining
23,761 visits/mo 0.2 miles
Dollar Tree Shops & Services
23,411 visits/mo 0.1 miles
dd's DISCOUNTS Shops & Services
19,227 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
15,781 visits/mo 0.3 miles

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

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

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail with a 600 SF mezzanine and surface parking for tenants and customers.
Where is this retail space located?
The property is located at 4015 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: Retail availability at the historic Six Corners intersection within the Klee Building; Multiple retail spaces: 2,260 SF (Retail A), 1,620 SF (Retail B), 2,575 SF (Retail C); Retail B & C combined totals 4,195 SF
(630) 954-7354 Call to check price and availability
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