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    1675 Milwaukee Ave Chicago, IL 60647

    Sponsored
    For Lease
    $35 SF/Yr ($3,642 /Mo)

    Prime Wicker Park retail space. 1,249 sq ft available.

    Lot size:
    1,249 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail storefront, located at 1675 N Milwaukee Ave in Chicago's vibrant Wicker Park submarket (zip code 60647), offers a unique opportunity for a discerning tenant. The property boasts a total of 1,249 square feet spread across three stories, with the entire space currently available for lease. The building is zoned B3-3, allowing for a variety of retail uses. Situated in Cook County, Illinois, this location benefits from high foot traffic and visibility on Milwaukee Avenue, a major thoroughfare known for its bustling retail scene. The property's address is further enhanced by its proximity to Caton Street. This single-suite storefront presents a blank canvas for a creative and successful business venture. The ample square footage provides flexibility for various retail concepts, from boutiques and cafes to showrooms and galleries. This is an exceptional opportunity to establish a presence in one of Chicago's most sought-after neighborhoods. The entire 1,249 square feet is vacant and ready for immediate occupancy.

    Property Features for 1675 Milwaukee Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,249 SF
    Total Rate
    3642.92

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Available
    Size
    1,249 SF
    Rate per SF
    $35

    HighLights

    • 1,249 SF retail space available for lease at 1675 N Milwaukee Ave, Chicago, IL 60647 (Wicker Park).
    • Open floor plan with large storefront windows, two ADA‑compliant restrooms, and a storage closet.
    • High‑visibility location with over 10,000 vehicles per day and a Walk Score of 98.
    • Located 0.2 miles from Six Corners, with excellent access to public transportation (CTA bus & Blue Line).
    • Located within a fully occupied 20‑unit residential building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.67971319
    Latitude
    41.91185655

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    FAQs

    What type of property is this?
    Individual retail property - Prime Wicker Park retail space. 1,249 sq ft available.
    Where is this individual retail property located?
    The property is located at 1675 Milwaukee Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,249 SF retail space available for lease at 1675 N Milwaukee Ave, Chicago, IL 60647 (Wicker Park).; Open floor plan with large storefront windows, two ADA-compliant restrooms, and a storage closet.; High-visibility location with over 10,000 vehicles per day and a Walk Score of 98.
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    1675 Milwaukee Ave Chicago, IL 60647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1675 Milwaukee Ave Chicago, IL 60647
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