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1542-1550 N Milwaukee Ave

36,056 SF 65% Leased 4-Star Retail Building Chicago, IL 60622 For Sale

Investment Highlights

  • Four story mixed-use (retail/residential) building.
  • Building currently consists of six (6) residential apartments and one (1) ground floor retail space.
  • Surrounded by all the restaurants, retail and nightlife Wicker Park has to offer.
  • Located in the heart of Wicker Park!
  • Just steps from the six-corner intersection of North, Damen and Milwaukee and the Damen Blue Line L stop.
  • Area national retail tenants include Yeti, Levi's, Chase Bank, Dr. Martens, Jeni's Ice Cream, Adidas, The UPS Store, Lou Malnati's Pizza, 7-Eleven.

Executive Summary

Four story mixed-use (retail/residential) building for sale in the heart of Wicker Park! Building currently consists of six (6) residential apartments and one (1) ground floor retail space. Just steps from the six-corner intersection of North, Damen and Milwaukee and the Damen Blue Line L stop. Surrounded by all the restaurants, retail and nightlife Wicker Park has to offer. Area national retail tenants include Yeti, Levi's, Chase Bank, Dr. Martens, Jeni's Ice Cream, Adidas, The UPS Store, Lou Malnati's Pizza, 7-Eleven, Carhartt. Area local retail tenants include Piece Pizza, Stan's Donuts, Subterranean, Big Star, Urbanbelly, Flatiron Building, Chop Shop, The Robey Hotel, 5411 Empanadas. Zoning: B3-2.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
36,056 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1886
Percent Leased
65%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.85
Lot Size
0.29 AC
Zoning
B3-2 - Community Shopping District
Frontage
100 FT on Milwaukee Ave

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,000-12,500 SF
  • Retail
  • -
  • Now

4000 SF - 12,500 SF street level retail space for lease in the heart of Wicker Park (entire 36,000 SF building for sale also). Current use is furniture store but can fit a variety of uses. Just steps from the six-corner intersection of North, Damen and Milwaukee and the Damen Blue Line L stop. Surrounded by all the restaurants, retail and nightlife Wicker Park has to offer. Area national retail tenants include Yeti, Levi's, Chase Bank, Dr. Martens, Jeni's Ice Cream, Adidas, The UPS Store, Lou Malnati's Pizza, 7-Eleven, Carhartt. Area local retail tenants include Piece Pizza, Stan's Donuts, Subterranean, Big Star, Urbanbelly, Flatiron Building, Chop Shop, The Robey Hotel, 5411 Empanadas.

Space Size Space Use Position Available
1st Floor 4,000-12,500 SF Retail - Now

1st Floor

Size
4,000-12,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 4,000-12,500 SF
Space Use Retail
Position -
Available Now

4000 SF - 12,500 SF street level retail space for lease in the heart of Wicker Park (entire 36,000 SF building for sale also). Current use is furniture store but can fit a variety of uses. Just steps from the six-corner intersection of North, Damen and Milwaukee and the Damen Blue Line L stop. Surrounded by all the restaurants, retail and nightlife Wicker Park has to offer. Area national retail tenants include Yeti, Levi's, Chase Bank, Dr. Martens, Jeni's Ice Cream, Adidas, The UPS Store, Lou Malnati's Pizza, 7-Eleven, Carhartt. Area local retail tenants include Piece Pizza, Stan's Donuts, Subterranean, Big Star, Urbanbelly, Flatiron Building, Chop Shop, The Robey Hotel, 5411 Empanadas.

Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (77)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Huntington National Bank
Pure Barre
Chase Bank
Teriyaki Madness
Orangetheory Fitness
Bartaco
Corepower Yoga
Starbucks
9Round

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-06-207-009-0000
  • 17-06-207-010-0000
Land Assessment
$89,688
Improvements Assessment
$462,339
Total Assessment
$552,027
  • Listing ID: 23671565

  • Date on Market: 7/14/2021

  • Last Updated:

  • Address: 1542-1550 N Milwaukee Ave, Chicago, IL 60622

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