2252 Milwaukee AveChicago, IL 60647

This exceptional 10,739 square foot freestanding retail building, located at 2252 N Milwaukee Ave in Chicago's vibrant Logan Square neighborhood, presents a compelling investment opportunity. Currently 100% occupied by a Dollar Tree store since 1997 (currently in their fifth option period), the property boasts a strong lease history and consistent income stream. The scheduled rent is $82,280.67 annually, plus taxes and insurance (based on a 1996 base year). Situated on a 10,989 square foot lot, the property benefits from high visibility and accessibility, with a daily traffic count of 11,441 vehicles. The C1-1 zoning allows for diverse future development possibilities. The building itself is a single-story structure built in 1967 and includes a fully sprinklered system. The property's prime location offers easy access to I-90 and is surrounded by numerous other retailers, including Walgreens, Dunkin', Target, Costco, Home Depot, Menards, and Micro Center, as well as a variety of restaurants. The 2023 property taxes were $67,080.52, and the 2024 insurance premium is estimated at $9,700.00. This property offers a blend of stable income and significant long-term potential in a rapidly growing Chicago neighborhood. The asking price is $2,450,000, representing a price per square foot of $228.14 and a land value of $222.95 per square foot.