3025 Milwaukee Ave Chicago, IL 60618
This exceptional 3,448-square-foot retail space is ideally situated on Milwaukee Avenue in Chicago's vibrant Avondale neighborhood. Boasting 30 feet of frontage, this single-tenant property offers unparalleled visibility and accessibility within a thriving commercial district. The space features a generous 11-foot ceiling height, making it suitable for a variety of retail concepts. Zoned B3-2, it benefits from convenient access to both Milwaukee and Monticello avenues, attracting diverse customer traffic. Public transportation is readily available, with the Belmont CTA Blue Line Station a short distance away and a CTA bus stop just steps from the property. The surrounding area demonstrates strong demographics, with a high average household income within a 1-mile and 3-mile radius. Daily traffic counts of 14,500 vehicles ensure significant brand exposure. The property is located near numerous popular businesses, including restaurants, pharmacies, and coffee shops, creating a bustling and attractive commercial environment. The space previously housed a clothing store and includes central heating and air conditioning. This is a rare opportunity to secure a high-visibility retail location in a rapidly growing area of Chicago. Monthly rent is $6,000 ($20.88/SF NN). The building is a two-story structure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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