2871 Milwaukee Ave Logan Sq Chicago, IL 60618
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2871 Milwaukee Ave Logan Sq
- Property size
- 1,600 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional 1600-square-foot retail space is ideally situated at 2871 N. Milwaukee Avenue in Chicago's vibrant Logan Square neighborhood. Leased on an Absolute NNN basis, this multi-tenant property offers immediate occupancy and comes with two convenient rear parking spaces. A full, 1600-square-foot basement is also included as part of the lease, providing ample storage or additional usable space. Tenant improvement money is available, making this an attractive opportunity for customization. The entire building is also available for purchase, which includes a desirable 3-bedroom, 2-bathroom apartment unit on the second floor, presenting a unique live-work potential. This prime location boasts exceptional visibility on one of Chicago's busiest streets, Milwaukee Avenue, and benefits from its proximity to major transportation arteries, including I-90/94, the Belmont & Logan Square Blue Line, and a CTA bus stop. The surrounding area is experiencing a surge in affluent businesses, with a thriving bar and restaurant scene, complemented by numerous coffee shops, yoga studios, and other amenities. Average household incomes within a 3-mile radius exceed $100,000, indicating a strong and affluent customer base. This property presents a rare opportunity to establish a business in a highly desirable and rapidly developing area of Chicago.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7145
- Latitude
- 41.9336
