Property profile

1704 Milwaukee Ave Chicago, IL 60647

OFF-MARKET
Retail properties & Spaces
11,000 SF Built 1910
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Property summary

AI-generated overview

This 700-square-foot retail storefront is available for lease in the heart of Wicker Park, Cook County. Located on Milwaukee Avenue, this space benefits from high visibility due to dual-sided pylon signage, exposure to over 10,000 vehicles per day, and significant pedestrian traffic. The property is part of a multi-tenant retail center with strong co-tenants including Core Power Yoga, USPS, and Garfield's Beverage Express. The building, constructed in 1910, offers on-site parking, a rare amenity in this desirable location. This space features an open interior layout and is situated steps from the 6 Corners intersection (Milwaukee/Damen/North) and within walking distance of the Damen Blue Line "L" station. The surrounding area boasts a vibrant mix of national and local retailers, including Walgreens, Aldi, Starbucks, 7-Eleven, Wing Stop, Stan's Donuts, Fairgrounds Coffee, Chipotle, Big Star, Taco Bell, Small Cheval, Irazu, Goddess and the Grocer, Piece Pizza, Jet's Pizza, Sweet Green, and Crumble Cookies. The total building size is 11,000 square feet, with 700 square feet currently vacant. This presents a unique opportunity for a business seeking high visibility and a strong location within a thriving commercial district. The property's excellent location and strong co-tenancy make it an ideal space for a variety of retail uses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1910
Total area 11,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • (Bike/Boat/Book/etc) Store
  • Production Facility Furniture & Home Goods

Location

1704 Milwaukee Ave Chicago, IL 60647
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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