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Storefront Retail Space

8884 N Milwaukee Avenue, Niles, IL 60714

For Lease
$19 SF/Yr

The suite is available for medical, office, or retail use in a managed strip center.

Space SizeContact for details
Days on Market580

Property Features for 8884 N Milwaukee Avenue

General Information

Standard status Active
Zoning COMMR

Building Details

Year Built 1968
Stories 1
Units 5
Listing Agency: Century 21 Langos & Christian
Listed By: Peter Gialamas · License #471020247
Source: Gogginrealestate
Added: Apr 9, 2025 Changed: Nov 7 Last Checked: Nov 8 at 1:59PM

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 Century 21 Langos & Christian

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Investment Insights

Based on property information with market context.

A storefront suite in a strip center is available for lease. The space was most recently used as a currency exchange and may accommodate medical, office, or retail uses. The center is managed, and the property is located at 8884 N Milwaukee Avenue in Niles, Illinois.

Key Highlights

  • Storefront suite in a managed strip center
  • Previously used as a currency exchange
  • Medical, office, or retail use potential

Property Analytics

Current Use

Golden Money Transfer ... Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Building Supply Auto Repair Shop Kitchen & Bath Showroom

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 50%
Binny's Beverage Depot Groceries
32,271 visits/mo 0.0 miles
Shell Shops & Services
9,620 visits/mo 0.4 miles
Shell Shops & Services
8,486 visits/mo 0.2 miles
PNC Bank Shops & Services
6,879 visits/mo 0.1 miles
Citibank Shops & Services
4,672 visits/mo 0.4 miles

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

Average Price Trend$/SF/Yr for Storefront properties in Cook County, IL

$26.06 Jul
$27.74 Aug
$25.65 Sep
$24.59 Oct

Properties on Market for Storefront properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Maureens Flowers — 9208 N Ashland Ave, Niles, IL 60714

Frequently Asked Questions

What type of property is this?
Storefront property - The suite is available for medical, office, or retail use in a managed strip center.
Where is this storefront property located?
The property is located at 8884 N Milwaukee Avenue Niles, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Storefront suite in a managed strip center; Previously used as a currency exchange; Medical, office, or retail use potential
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