Basement Flex
For Lease
$15 SF/Yr
B1-2839 N Milwaukee Ave, Chicago, IL 60661
Commercial basement space accommodates storage, workshop, and warehouse uses with utilities included.
Space Size3,500 SF
Days on Market327
Property Features for B1-2839 N Milwaukee Ave
General Information
Standard status
Active
Size
3,500 SF
Net Rentable
3,500 SF
Space & Availability
Available Space
3,500 SF
Contiguous Space
3,500 SF
Additional Details
Utilities to Site
Yes
Listing Agency:
Miller Chicago LLC
Listed By:
Andrea Miller · License #471016960
(773) 366-8786
Source:
Exprealty
Added: Oct 11, 2025
Changed: Aug 31
Last Checked: Sep 1 at 9:15PM
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 Miller Chicago LLC
Investment Insights
Based on property information with market context.
This 3, 500 Sq Ft basement space occupies part of a corner building and is available for lease. The layout supports several practical commercial applications, including loft, storage, workshop, and warehouse use. Utilities are included, simplifying occupancy planning for an operator seeking functional lower-level space.
The property is located at B1-2839 N Milwaukee Ave in Chicago’s Logan Square. Public transportation access includes service from the #82 Kimball / Homan, #56 Milwaukee, and #76 Diversey bus routes, with the Blue Line train 0.3 miles away. The #82, #56, and #76 routes are identified at 0.1 miles from the property.
The property is located at B1-2839 N Milwaukee Ave in Chicago’s Logan Square. Public transportation access includes service from the #82 Kimball / Homan, #56 Milwaukee, and #76 Diversey bus routes, with the Blue Line train 0.3 miles away. The #82, #56, and #76 routes are identified at 0.1 miles from the property.
Key Highlights
- 3, 500 Sq Ft basement space
- Located in a corner building at B1‑2839 N Milwaukee Ave
- Supports loft, storage, workshop, and warehouse use
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
32,050
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60661, IL
11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$16.84 /SF/Yr
Avg Asking Price
$8–$32 /SF/Yr
Price Range
24,528 SF
Avg Space Size
This space is priced 11% below the average of $16.84 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial basement space accommodates storage, workshop, and warehouse uses with utilities included.
Where is this flex space located?
The property is located at B1-2839 N Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3, 500 Sq Ft basement space; Located in a corner building at B1‑2839 N Milwaukee Ave; Supports loft, storage, workshop, and warehouse use
