1542-1550 Milwaukee Ave, Chicago, IL 60622
This exceptional 36,000 square foot mixed-use building, located at 1542-1550 N Milwaukee Avenue in Chicago's vibrant Wicker Park neighborhood (zip code 60622), presents a unique investment opportunity. The property sits on a 12,500 square foot lot and features four stories. Currently configured as a furniture store, the entire 36,000 square feet is available for lease, offering significant flexibility for a variety of retail uses. The building's street-level retail space provides excellent visibility and accessibility for customers. The property is zoned B3-2 within Cook County, Illinois, and its APN is 17-06-207-009. This single-tenant building offers a substantial footprint for a business seeking a prominent location in a high-traffic area. The building's size and location make it ideal for a large-scale retail operation or a business requiring significant space. The property's potential is further enhanced by its prime location within Wicker Park, a well-established and thriving commercial district known for its unique character and high foot traffic. This is a rare opportunity to secure a substantial retail space in a highly desirable Chicago neighborhood. Serious inquiries only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.