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Basement Flex Space
For Lease
$15 SF/Yr

B2-2839 N Milwaukee Ave, Chicago, IL 60661

Lease opportunity with utility service included and adaptable storage, workshop, loft, or warehouse use.

Space Size2,000 SF
Days on Market327

Property Features for B2-2839 N Milwaukee Ave

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Warehouse

Additional Details

Utilities to Site Yes
Listing Agency: Miller Chicago LLC
Listed By: Andrea Miller · License #471016960
Source: Exprealty
Added: Oct 11, 2025 Changed: Aug 31 Last Checked: Sep 1 at 8:22PM

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.

Approximately 2,000 square feet of basement space is available for lease within a corner building on Milwaukee Avenue. The configuration supports several stated use possibilities, including storage, workshop, loft, and warehouse functions. Utility service is included in the lease terms.

The property is located at B2-2839 N Milwaukee Ave in Chicago’s Logan Square. Public transportation access includes the #82 Kimball / Homan, #56 Milwaukee, and #76 Diversey bus routes, with the #82 route approximately 0.1 miles away and the Blue Line train approximately 0.3 miles away.

Key Highlights

  • Approximately 2,000 SF of basement flex space
  • Corner‑building location on Milwaukee Avenue in Logan Square
  • Stated use options include loft, storage, workshop, and warehouse

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Adult Day Care Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Lease opportunity with utility service included and adaptable storage, workshop, loft, or warehouse use.
Where is this flex space located?
The property is located at B2-2839 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: Approximately 2,000 SF of basement flex space; Corner‑building location on Milwaukee Avenue in Logan Square; Stated use options include loft, storage, workshop, and warehouse
More about this property
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