Financial
Distress signals
Property profile

2418 N Milwaukee Ave 30 Chicago, IL 60647

FOR LEASE
Commercial real estate
Property ID
US28-2502434
29,000 SF 0.13 ac lot Built 1909
Last sale Apr 2025 · $4,780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 8,785 square foot retail space presents a unique opportunity in Chicago's vibrant Logan Square neighborhood. Located on the ground floor of a new luxury residential building at 2418 N Milwaukee Ave, this single-tenant space boasts a column-free layout with impressive high ceilings. The property features over 100 feet of frontage along Milwaukee Avenue, providing excellent visibility and accessibility for customers. A dedicated parking area is conveniently located at the rear

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$121k
Tax billed · 2022
Assessed value$585k
Assessed land$29k
Assessed improvement$556k
Effective rate20.64%

Value estimate

· Sep 2026
$755k
$680k – $831k
Submarket $/SF estimate$4.36M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$677/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$142 – $1,219
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility11.1
HVAC Service11.0
Nursing Home10.9

Location

2418 N Milwaukee Ave, Unit 30 Chicago, IL 60647
County assessor Recorded deeds · 10 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1750 Lawndale, Chicago, IL 60647-4716 $2,200,000 Nov 2024 20,000 SF
1755 Ridgeway, Chicago, IL 60647 $2,200,000 Nov 2024 20,000 SF
3432 Wn, Chicago, IL 60647 $550,000 Oct 2024 861 SF
3322 Fullerton, Chicago, IL 60647 $7,000,000 Aug 2024 1,100 SF
2327 Fullerton, Chicago, IL 60647-3225 $749,000 May 2024 4,500 SF
2329 Fullerton, Chicago, IL 60647-3225 $749,000 May 2024 1,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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