4762 Milwaukee AveChicago, IL 60630

For Lease
$16.50/SF/YR
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

FAQs

What type of property is this?
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?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4762 Milwaukee Ave
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