Logan Square Retail Space
For Lease
$20 SF/Yr
2754-56 N Milwaukee Avenue, Chicago, IL 60618
Raw commercial space in the heart of Logan Square.
Property Size6,000 SF
Days on Market764
Property Features for 2754-56 N Milwaukee Avenue
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial/Industrial
Listing Agency:
Strauss Realty Ltd
(847) 334-2587
Listed By:
Moshe Weinberger · License #475183341
(847) 334-2587
Source:
Exitrealty
Added: Jun 27, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:19AM
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 Strauss Realty Ltd
Investment Insights
Based on property information with market context.
Located in the heart of Logan Square, this raw commercial space offers between 3,000 to 6,000 square feet for lease. The space is situated within a prominent one-story commercial building, providing good visibility next to the Dill Pickle Food co-tenant. The property is conveniently located steps from the Blue-Line entrance/exit at Spaulding and across from a new construction six-story apartment building containing 60 residential units. The surrounding area offers a variety of shopping, dining, and entertainment options. The neighborhood is pedestrian-friendly, boasting a Walk Score of 96. Nearby tenants include Gorilla Sushi, The Harding Tavern, Hopewell Brewing, Chiya Chai, Wake n Bakery, Cafe con Leche, and Gap Factory. The location benefits from a dense population within a three-mile radius, encompassing half a million people across 182,391 households, with an average household income of $117,508.
Key Highlights
- Prime Logan Square location with high visibility.
- Divisible 6,000 SF commercial space (can be divided into 3,000 SF).
- Steps to Blue‑Line entrance/exit at Spaulding.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,697
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 22%
Apparel 15%
McDonald's
Dining
33,587 visits/mo
0.1 miles
Gap
Apparel
9,772 visits/mo
0.1 miles
Bank of America
Shops & Services
8,903 visits/mo
0.1 miles
Giordano's
Dining
3,670 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
3,544 visits/mo
0.5 miles
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
This space is priced 22% below the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Raw commercial space in the heart of Logan Square.
Where is this retail space located?
The property is located at 2754-56 N Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime Logan Square location with high visibility.; Divisible 6,000 SF commercial space (can be divided into 3,000 SF).; Steps to Blue‑Line entrance/exit at Spaulding.
