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Logan Square Retail Corner Location
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2320 N Milwaukee Ave, Chicago, IL 60647

Retail space on Milwaukee Avenue with full basement.

Space Size2,670 SF
Days on Market850

Property Features for 2320 N Milwaukee Ave

General Information

Standard status Active
Size 2,670 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 2320 N Milwaukee Ave Contact us

2320

Size
2,670 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Brookline Real Estate
Listed By: Kelsey Gross · License #IL
Source: Crexi
Added: Apr 17, 2024 Changed: Aug 10 Last Checked: Aug 13 at 9:31AM

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 Brookline Real Estate

Investment Insights

Based on property information with market context.

This hard corner street retail space is positioned on Milwaukee Avenue in Logan Square. The clean shell unit includes a full basement suitable for storage or offices. The property features frontage and signage opportunities on both Milwaukee and Belden Avenues. Electrical power has been upgraded to 400 AMPS. Street parking is available on both sides of the property. The location is situated on a high-traffic, urban business corridor, one block from the CTA Blue Line stop at California Avenue and one block from two CTA bus stops. The property is also located five blocks from I-90/94. The surrounding area is a high-income area densely populated with residential neighborhoods.

Key Highlights

  • Prime hard corner location on high‑traffic Milwaukee Avenue in Logan Square.
  • Excellent visibility with frontage and signage opportunities on both Milwaukee and Belden Avenues.
  • Conveniently located 1 block from the CTA Blue Line stop and multiple bus stops, with easy access to I‑90/94.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home HVAC Service Tanning Salon Accounting Firm Fish Market Mobile Phone Store

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
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,093
Businesses Nearby
155k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 32% Home Improvements & Furnishings 4% Electronics 3%
Dollar Tree Shops & Services
21,431 visits/mo 0.2 miles
Chase Bank Shops & Services
16,483 visits/mo 0.3 miles
PNC Bank Shops & Services
10,614 visits/mo 0.5 miles
Wendy's Dining
10,230 visits/mo 0.2 miles
BP Shops & Services
9,224 visits/mo 0.5 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 21% above the average of $25.68 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space on Milwaukee Avenue with full basement.
Where is this retail space located?
The property is located at 2320 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Prime hard corner location on high‑traffic Milwaukee Avenue in Logan Square.; Excellent visibility with frontage and signage opportunities on both Milwaukee and Belden Avenues.; Conveniently located 1 block from the CTA Blue Line stop and multiple bus stops, with easy access to I‑90/94.
(630) 590-5910 Call to check price and availability
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