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Milwaukee Avenue Retail Space Available
For Lease
$25 SF/Yr

4363 N Milwaukee Avenue, Chicago, IL 60641

Retail space in high-traffic area, suitable for various businesses.

Space SizeContact for details
Days on Market171

Property Features for 4363 N Milwaukee Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 1931
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Dawnmckennagroup
Added: Mar 16 Changed: Aug 23 Last Checked: Sep 2 at 1:25AM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This retail space is located in a high-visibility, high-traffic corridor on Milwaukee Avenue. The property, formerly a bakery, includes a hood. It is zoned B3-2 Community Shopping District, which allows for a variety of retail, restaurant, and service business type uses. Neighboring businesses include Bacci Pizzeria, Dragon Spine Cycling, and Moonflower Bar. The property is within walking distance of the Six Corners shopping district.

Key Highlights

  • High‑visibility location on high‑traffic Milwaukee Ave corridor.
  • B3‑2 Community Shopping District zoning allows for diverse business uses (retail, restaurant, service).
  • Hood in place (former bakery) - reduces start‑up costs for food‑related businesses.

Property Analytics

Current Use

The Birria Connect Restaurant

Suggested Use

Top Pick Acupuncture Garden Center Nursing Home Cosmetic Store Hotel & Motel Butcher

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,111
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 27% Home Improvements & Furnishings 4%
Dollar Tree Shops & Services
23,411 visits/mo 0.4 miles
Burger King Dining
7,268 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,276 visits/mo 0.2 miles
BP Shops & Services
6,272 visits/mo 0.2 miles
Bank of America Shops & Services
6,221 visits/mo 0.4 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

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 9% below the average of $27.62 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in high-traffic area, suitable for various businesses.
Where is this retail space located?
The property is located at 4363 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on high‑traffic Milwaukee Ave corridor.; B3‑2 Community Shopping District zoning allows for diverse business uses (retail, restaurant, service).; Hood in place (former bakery) - reduces start‑up costs for food‑related businesses.
More about this property
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