Elevator-Served Mixed-Use
801-805 N Milwaukee Avenue, Chicago, IL 60642
For Sale
Contact for pricing
Six residences sit above fully leased retail space occupied by three tenants.
Property SizeContact for details
Days on Market25
Property Features for 801-805 N Milwaukee Avenue
General Information
Standard status
Elevators
Property subtype
Site & Location
Neighborhood
Corner Location
Anchor Co-Tenants
Road Access
Public Transit
Mixed-Use Components
Additional Details
Multifamily Units
Tenant in Place
Amenities
penthouse fitness center
co-working lounge
bike and private storage
Building Details
Year Renovated
Buildings
Tenancy
Listing Agency:
CBRE - Chicago
Listed By:
Dominic Soltero · License #IL 475.153308
(913) 909-9529
Source:
Crexi
Added: Oct 16
Changed: Nov 8
Last Checked: Nov 8 at 5:56PM
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 CBRE - Chicago
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Investment Insights
Based on property information with market context.
This mixed-use property combines six elevator-served residences with 5,096 square feet of ground-floor retail. The residential floors were converted from office use in a 2025 redevelopment that also updated building systems. Residences have three-bedroom-plus-office or four-bedroom layouts, three full baths, condo-quality finishes, and skyline views. Shared amenities include a penthouse fitness center, co-working lounge, bike storage, and private storage.
The retail space is leased to Dunkin', Jersey Mike's, and Chicago Restorative under triple-net leases with tax and CAM recovery. Contractual rooftop billboard income is an additional revenue component. The property is at the corner of Milwaukee Avenue and May Street, one minute from the CTA Blue Line and within the Milwaukee Avenue retail and nightlife corridor.
The retail space is leased to Dunkin', Jersey Mike's, and Chicago Restorative under triple-net leases with tax and CAM recovery. Contractual rooftop billboard income is an additional revenue component. The property is at the corner of Milwaukee Avenue and May Street, one minute from the CTA Blue Line and within the Milwaukee Avenue retail and nightlife corridor.
Key Highlights
- Six elevator‑served residences with three‑bedroom‑plus‑office or four‑bedroom layouts
- 5,096 square feet of ground‑floor retail leased to Dunkin', Jersey Mike's, and Chicago Restorative
- 2025 redevelopment converted upper floors from office to residential and brought new building systems
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six residences sit above fully leased retail space occupied by three tenants.
Where is this mixed-use property located?
The property is located at 801-805 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Six elevator‑served residences with three‑bedroom‑plus‑office or four‑bedroom layouts; 5,096 square feet of ground‑floor retail leased to Dunkin', Jersey Mike's, and Chicago Restorative; 2025 redevelopment converted upper floors from office to residential and brought new building systems
