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    239 Chicago St Milwaukee, WI 53202

    Sponsored
    For Lease
    Contact for pricing

    Historic 3rd Ward, 3300 SF, Vacant

    Lot size:
    3,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,300 square foot medical office space is ideally situated in Milwaukee's vibrant Historic Third Ward at 239 E. Chicago St, zip code 53202. The property is a single-tenant building offering a completely vacant space, perfect for a new medical practice or clinic seeking a turnkey solution. Its location within the 3rd Ward provides unparalleled access to a thriving community with abundant dining, entertainment, and shopping options. The building's modern design seamlessly blends with the neighborhood's historic charm, creating an attractive and convenient setting for patients and staff alike. The proximity to Milwaukee's lakefront adds to the appeal, offering scenic views and recreational opportunities. This is a rare opportunity to establish a medical practice in a highly desirable and accessible location. The property is classified as both Retail and Office, and specifically as a Medical Office. The building's total square footage is 3,300 square feet, with the entire space currently vacant. This presents a unique chance to customize the space to perfectly meet the needs of a new tenant. The address is easily accessible and benefits from the area's strong foot traffic and visibility. This property offers a blend of modern functionality and historic charm, making it an ideal location for a successful medical practice.

    Property Features for 239 Chicago St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,300 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,300 SF

    HighLights

    • Brand new medical office space, immediately available.
    • Located in a mixed‑use building with strong co‑tenancy.
    • Excellent location near Cityside Plaza Condos, Sweet Diner, and District Fore.
    • High visibility and benefits from a desirable 3rd Ward tenant mix.
    • Walkable to numerous restaurants, shops, and entertainment options.
    • Lease term expiring March 31, 2034.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweet Diner Brunch Restaurant Dr. Pablo E. ... Doctor Cityside Plaza Condominium Complex Wisconsin Home Ventures Real Estate Agency

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Daycare Center Building Supply Kitchen & Bath Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9079733
    Latitude
    43.032286

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    FAQs

    What type of property is this?
    Medical office - Historic 3rd Ward, 3300 SF, Vacant
    Where is this medical office located?
    The property is located at 239 Chicago St Milwaukee, WI.
    What are key features of this property?
    This property features: Brand new medical office space, immediately available.; Located in a mixed-use building with strong co-tenancy.; Excellent location near Cityside Plaza Condos, Sweet Diner, and District Fore.
    Request Owner's contact information
    239 Chicago St Milwaukee, WI 53202
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    Milwaukee, WI 53202
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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
    239 Chicago St Milwaukee, WI 53202
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