Historic building, flexible spaces, high visibility.
Overview
Added:
Dec 11, 2024
Days on market:
126
This exceptional 5,000-square-foot building, located at Milwaukee Avenue near Lawrence in the Jefferson Park/Gladstone Park submarket, presents a unique opportunity. Originally constructed in 1914, this two-story, Class B property boasts a rich history as a warehouse, boxing gym, and retail space. Currently, two divisible spaces of approximately 2,500 square feet each are available, or they can be combined for a total of 5,000 contiguous square feet. Each unit features 12-foot ceilings, a front office area, a rear warehouse space, and one bathroom. Free basement storage is included with each unit. The building's high visibility along Milwaukee Avenue offers excellent signage opportunities in a high-traffic area. Its B3-2 zoning allows for a wide range of uses, including restaurants, bars, breweries, gyms, coworking spaces, retail, offices, and more. The property includes two parking spaces, one for each unit, with ample street parking readily available. Conveniently located near the PACE Pulse Express bus stop, the Blue Line "L" train, and the Metra train (Jefferson Park station), this property benefits from excellent public transportation access. Easy access to I-90 and I-94 highways further enhances its accessibility. The lot size is 6,250 square feet, with a building floor area ratio (FAR) of 2.2.
Highlights
5,000 SF multi-tenant building, offering 2,500 SF - 5,000 SF contiguous spaces.
Two 2,500 SF units available, each with office and warehouse space, one bathroom, and free basement storage.
High-visibility location on Milwaukee Ave near Lawrence Ave, with signage opportunities.
B3-2 zoning, suitable for various uses including restaurant, retail, office, and creative uses.
Class B building, 2 stories, built in 1914, with 2 parking spaces.
Property Details
for 4762 Milwaukee Ave
Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,000 SF
Class
B
Year Built
1914
Stories
2
Unit(s) available at that property
Space
Available Space 1
Size
2,500 SF
Rate per SF
$16.50
Space
Available Space 2
Size
2,500 SF
Rate per SF
$16.50
Location Insight
City
Chicago
County
Cook
State
Illinois
Latitude
41.9670218
Longitude
-87.7603808
4762 Milwaukee Ave, Chicago, Illinois
Nearby Similar for Lease
For Lease
$47.50/SF/YR
Lincoln Park Office Building For Sale
Prime corner location, 5,274 sq ft, 11 parking spaces.
Retail property - Historic building, flexible spaces, high visibility.
Where is the retail property located?
The property is located at 4762 Milwaukee Ave Chicago, IL.
What is the lease rate?
The lease rate is $16.50/SF/YR.
What are key features of this property?
This property features: 5,000 SF multi-tenant building, offering 2,500 SF - 5,000 SF contiguous spaces.; Two 2,500 SF units available, each with office and warehouse space, one bathroom, and free basement storage.; High-visibility location on Milwaukee Ave near Lawrence Ave, with signage opportunities.
How can I contact the broker?
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Contacts
Tim Pomaville
Visit Broker Website
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Useful Information
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Milwaukee Ave Chicago, IL 60630
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Milwaukee Ave Chicago, IL 60630
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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4762 Milwaukee Ave
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