Property profile

4813 Milwaukee Ave Chicago, IL 60630

OFF-MARKET
Retail properties & Spaces
30,000 SF
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Property summary

AI-generated overview

This exceptional single-story commercial property, located at 4813 N Milwaukee Ave in Chicago, IL 60630, presents a rare opportunity. Boasting a prime corner location at the intersection of Milwaukee and Ainslie, this Class B building offers 30,000 square feet of vacant space, ideal for a single tenant. The building's zoning is commercial, allowing for a wide range of uses. Currently configured as a retail and office space, it features a full basement, adding significant potential for expansion or storage. The property's significant size, at 8,749 square feet on the main level, is further enhanced by the possibility of annexation with the adjacent 4811 N Milwaukee building, resulting in a combined space of approximately 30,000 square feet. Ample parking is available behind the building and in nearby lots, providing convenient access for employees and clients. This is a truly unique opportunity to acquire a substantial commercial property in a desirable Chicago neighborhood. The property's excellent visibility and convenient location make it an ideal investment for businesses seeking a high-impact presence in a thriving area. The building's single-tenant occupancy allows for complete customization and control over the space. Don't miss this chance to secure a prime commercial property in a rapidly developing area of Chicago.

Property profile

Verified
Property type Retail properties & Spaces
Total area 30,000 SF

Cap rate & NOI

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

Location

4813 Milwaukee Ave Chicago, IL 60630
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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