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Property profile & analytics
FOR LEASE
Retail space

2118 N Milwaukee Ave Chicago, IL 60647

0.12 ac lot Built 1990
Individually Owned 26-yr Hold Absentee Owner Free & Clear
Property ID
US28-1408046
Property summary
AI-generated overview

This exceptional 4,250 square foot retail space, located at 2118 N Milwaukee Ave in Chicago's vibrant Bucktown/Palmer Square neighborhood, offers a unique opportunity for a variety of businesses. Situated across from the Congress Theater on the bustling Milwaukee Avenue Corridor, this clear-span building boasts no interior columns, providing maximum flexibility for layout and design. The space is easily divisible into two 2,125 square foot units, catering to businesses of varying sizes. Previously occupied by Gillman Ace Hardware for over four decades, this highly visible location is ideal for a range of uses, including medical and dental offices, restaurants, daycare centers, salons, and other retail establishments. Allowable uses include medical/dental offices, daycare centers, veterinary clinics, dog grooming businesses, hair salons, restaurants, coffee shops, and tattoo shops. The property's prime location in a thriving area with excellent access to public transportation makes it an attractive option for businesses seeking to establish a presence in a dynamic and growing community. This is a rare opportunity to secure a prominent space in one of Chicago's most sought-after neighborhoods. The property is located in Cook County, Illinois, zip code 60647.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Lot 0.12 ac (5,040 SF)
APN 13-36-230-011
UPID US28-1408046
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stayyy.com Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Israel Nodarse · 26 yrs held
Israel Nodarse
since 2000
1 recorded transaction
2000
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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