500 Milwaukee Ave Chicago, IL 60642
- Retail properties
Current Use by Public Records
- Chicago Fast Home Plumbers / Plumber
- Bank of America ATM / Atm
Property Details for 500 Milwaukee Ave
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity presents two available spaces, totaling 1,011 to 1,366 square feet, ideally situated at the base of a vibrant 227-unit luxury apartment building. The property boasts a highly visible location at the bustling intersection of Grand and Milwaukee Avenues in Chicago's desirable West Loop neighborhood. This transit-oriented location offers unparalleled accessibility, with the Grand Blue Line train station and numerous bus stops conveniently located on both Grand and Milwaukee Avenues. The property benefits from its proximity to major transportation arteries, including the Kennedy Expressway, and is just steps away from some of Chicago's most acclaimed restaurants, such as The Dawson, Piccolo Sogno, and La Scarola. The strong co-tenancy includes established businesses like Starbucks, Stax Cafe, Bank of America, and American Dental Associates, ensuring high foot traffic and a thriving commercial environment. This location is also near the 30-acre Bally's Casino site, further enhancing its appeal and potential for significant growth. The spaces are perfect for a variety of retail or restaurant concepts seeking a prime location in a rapidly developing area of Chicago. This is a unique chance to establish a business in a high-traffic, well-connected, and amenity-rich environment. Inquire today to learn more about this exciting opportunity.
Value Estimation
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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
- -87.6359
- Latitude
- 41.8929
