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    OFF-MARKET
    Retail space

    2497 Milwaukee Ave, Chicago, IL 60647

    Built 2016
    Property ID
    US28-2588997
    Property summary
    AI-generated overview

    This exceptional 860-square-foot retail space, located at 2497 N Milwaukee Ave, Unit A, in Chicago, IL 60647, presents a unique opportunity for a variety of businesses. Built in 2016, this single-tenant space is situated within a vibrant four-story building and benefits from a highly desirable C2-2 zoning classification. The property boasts a large storefront with ample window space, ensuring excellent visibility and attracting foot traffic. Its ideal location directly across from Logan Apartments, a new 216-unit luxury apartment complex, guarantees a substantial and affluent customer base. The space is perfectly suited for a range of uses, including but not limited to: office space, restaurants, cafes, salons, spas, nail salons, dry cleaners, or boutiques. The interior features newly painted walls and new luxury vinyl tile flooring, creating a modern and inviting atmosphere. The property is equipped with robust 200-amp, 3-phase electrical service and 4 tons of air conditioning, ensuring efficient and comfortable operation. This prime Logan Square location offers unparalleled access to a thriving community and presents an exceptional opportunity for a discerning business owner seeking a high-impact retail space. Don't miss this chance to establish your business in one of Chicago's most sought-after neighborhoods.

    Property profile
    Verified
    Property type Retail space
    Year built 2016
    UPID US28-2588997
    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
    • Microblading and SMP Chicago By Moxie Medical Clinic Skin Care Clinic
    • Med Aesthetics, LLC Spa & Massage Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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