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    OFF-MARKET
    Neighborhood centers

    2247 Milwaukee Ave, Chicago, IL 60647

    16,000 SF Built 1961
    Property ID
    Property summary
    AI-generated overview

    This 1,800 square foot retail end cap space is available for lease at 2247 N. Milwaukee Avenue in Chicago's Logan Square neighborhood. Located on the northwest side, this single-tenant property is part of a strip center with established co-tenants including Orange Theory, Dunkin' Donuts, and Bubbleland. The property boasts excellent visibility due to its location on Milwaukee Avenue and dual-sided monument signage, benefiting from approximately 12,400 vehicles per day. Ample on-site parking is provided at a ratio of 8 spaces per 1,000 square feet. The building, constructed in 1961, offers a total of 16,000 square feet. This prime location offers easy access to the Kennedy Expressway (I-90/I-94), less than one mile west, and is conveniently situated steps from the California "L" station (Blue Line). The area is densely populated with numerous national retailers and local businesses, including Dollar Tree, Colectivo Coffee, Subway, Ace Hardware, and Chase Bank. This presents a unique opportunity to establish a thriving business in a vibrant and well-connected Chicago neighborhood. The property is in Cook County, Illinois, and has a zip code of 60647.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1961
    Total area 16,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
    • Dunkin' Cafe & Coffee Shop
    • Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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