4813 Milwaukee Ave, Chicago, IL 60630
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.
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.