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    2118 N Milwaukee Ave Chicago, IL 60647

    Sponsored
    Picture of Retail space at N Milwaukee Ave 2118, Chicago, IL
    For Lease
    Contact for pricing

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.11 Acres
    Days on Market:
    74
    Last Refresh:
    Jan 5 at 8:06 pm

    Property Features for 2118 N Milwaukee Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    Lot size
    0.11 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    2

    Chicago Real Estate Resources (773) 327-9300 [email protected]

    Listing agent Michael Weaver (773) 327-9300

    Listing date Oct 24, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Future Development

    This 4,250 square foot retail space includes parking for 5 cars at the rear of the building. The space features a clear span layout without posts or columns. It is zoned C2-1, which allows for a wide range of commercial and office uses. The property is located across from the Congress Theater, which is slated for renovation in 2025 with the help of TIF funds. Additionally, the property is situated across from a large parcel of land that is planned to be the future site of Tony's Fresh Market. The property is located in Chicago, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stayyy.com Dog Trainer

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6924204
    Latitude
    41.9195777

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    FAQs

    What type of property is this?
    Retail space - 4,250 SF retail space with parking and development potential.
    Where is this retail space located?
    The property is located at 2118 N Milwaukee Ave Chicago, IL.
    What are key features of this property?
    This property features: - 4,250 sq ft clear span space provides flexible layout options.; - C2-1 zoning allows for diverse commercial and office uses.; - Proximity to future Tony's Fresh Market enhances location appeal.
    (773) 327-9300
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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
    2118 N Milwaukee Ave Chicago, IL 60647
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