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Single-Story Retail Space
New
For Lease
$18.40 SF/Yr

8057 N Milwaukee Avenue, Niles, IL 60714

Flexible commercial premises suitable for retail, office, education, salon, spa, or medical uses.

Space Size6,000 SF
Days on Market4

Property Features for 8057 N Milwaukee Avenue

General Information

Standard status Active
Size 6,000 SF
Net Rentable 6,000 SF
Zoning COMMR

Space & Availability

Available Space 6,000 SF
Contiguous Space 6,000 SF
Floor Ground
Space Use Office

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $41,183

Building Details

Year Built 1961
Stories 1
Units 1
Building Size 6,000 SF
Listing Agency: Guidance Realty
Listed By: Syed Hashmi · License #471019208
Source: Birdrealtysells
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 9 at 10:44AM

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 Guidance Realty

Investment Insights

Based on property information with market context.

This approximately 6,000 SF retail space occupies a single level within a commercial building constructed in 1961. The interior was previously used for a cosmetology school and offers a configuration that may accommodate education, training, salon, spa, medical, office, or retail operations. Reconfiguration is also identified as an option for a tenant’s requirements.

The property is located at 8057 N Milwaukee Avenue in Niles, Illinois, at a corner location. On-site parking includes 15+ dedicated spaces in the building’s private lot, with additional city parking around the building. The property carries COMMR zoning and is offered for lease.

Key Highlights

  • Approximately 6,000 SF of single‑level commercial space
  • 15+ dedicated parking spaces in the property’s own lot
  • Additional city parking wraps around the building

Property Analytics

Current Use

John Amico School ... Vocational School

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Parking Lot & Garage Garden Center Hotel & Motel

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
$2.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

974
Businesses Nearby

Demographics for 60714, IL

31,006
Population
11,867
Households
2.6
Avg Household Size
49
Median Age
39%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
4,922
Density / Sq Mi
$78,868
Median Household Income
$46,553
Median Earnings
$1,247
Median Rent
$351,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial premises suitable for retail, office, education, salon, spa, or medical uses.
Where is this retail space located?
The property is located at 8057 N Milwaukee Avenue Niles, IL.
What is the lease rate?
The lease rate is $18.40 SF/Yr.
What are key features of this property?
This property features: Approximately 6,000 SF of single‑level commercial space; 15+ dedicated parking spaces in the property’s own lot; Additional city parking wraps around the building
More about this property
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