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Property profile & analytics
FOR SALE
Grocery and convenience stores

2274 North Milwaukee Ave Chicago, IL 60647

9,800 SF 0.06 ac lot Built 1956
Entity Owned ~ Est. High Equity
Property ID
US28-0709935
2274 North Milwaukee Ave, Chicago, IL 60647 For Sale
$4,569,892 9,800 SF
2274 North Milwaukee Ave, Chicago, IL 60647
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Property summary
AI-generated overview

This exceptional 10,000 square foot retail property at 2274 N Milwaukee Ave in Chicago's vibrant Logan Square submarket presents a unique leasing opportunity. Built in 1956, this single-story, Class C building sits on a 0.63-acre lot and offers a flexible layout suitable for multiple tenants or a single large occupant. The property features three suites, with a minimum divisible space of 3,300 square feet and a maximum contiguous space of 10,000 square feet. Currently, all 10,000 square feet are vacant, providing a blank canvas for a new business or expansion. Ample parking is available with 33 spaces on-site. The property is zoned C1-1, allowing for a variety of retail uses. This freestanding building offers a rare chance to establish a presence in a highly desirable and rapidly growing neighborhood. Its location in Logan Square provides excellent visibility and accessibility, making it an ideal location for businesses seeking a strong foothold in a thriving community. The property's size and layout offer significant potential for customization and adaptation to meet the specific needs of a tenant. Don't miss this opportunity to secure a prime retail space in one of Chicago's most sought-after neighborhoods.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1956
Total area 9,800 SF
Lot 0.06 ac (2,500 SF)
APN 13-36-214-006
UPID US28-0709935
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
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.02M
Owner & transaction history
2280 Owner LLC
2280 Owner LLC
since 2026
3 recorded transactions
2026
Price N/A
2025
Price N/A
2018
$4.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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