For Sale
$990,000

1254 Milwaukee Ave Chicago, IL 60622

Chicago Retail Space: $990,000

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 2,400-square-foot storefront at 1254 N. Milwaukee Avenue in Chicago's vibrant Cook County presents a compelling investment opportunity. Built in 1917, this single-unit retail property boasts 2,100 square feet of net rentable space, priced at $412.50 per square foot. The building's dimensions are 24 feet wide by 100 feet deep, offering excellent street frontage on a bustling commercial corridor. The property benefits from a prime location, surrounded by national franchise businesses including Jewel-Osco, Lowe's, Verizon Wireless, Dunkin' Donuts, Wendy's, CVS Pharmacy, Foot Locker, Pet Supplies Plus, Potbelly Sandwich Shop, and Popeyes, as well as local restaurants like Iron Age Korean Steak House across the street. Adding to its versatility, the property includes rear storage/office space with a bathroom and basement access. A full, unfinished basement offers significant potential for expansion or customization. The B1-3 zoning allows for a wide range of business uses, including restaurants. This property offers a rare blend of established location, versatile space, and high-growth potential in a thriving Chicago neighborhood. The asking price is $990,000.

Highlights

  • 2,400-square-foot storefront in Chicago's Cook County.
  • 2,100 square feet of net rentable space, priced at $412.50/SF.
  • 24' x 100' building with excellent street frontage on a busy commercial corridor.
  • Prime location near national retailers (Jewel-Osco, Lowe's, etc.) and local restaurants.
  • Rear storage/office space with bathroom and basement access.
  • Full, unfinished basement for expansion.

Property Details for 1254 Milwaukee Ave

Property type
Retail properties, Retail space
Square Feet
2,400 SF
Year Built
1917
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9044228
Longitude
-87.6686376
1254 Milwaukee Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Chicago Retail Space: $990,000
Where is the retail property located?
The property is located at 1254 Milwaukee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 2,400-square-foot storefront in Chicago's Cook County.; 2,100 square feet of net rentable space, priced at $412.50/SF.; 24' x 100' building with excellent street frontage on a busy commercial corridor.
How can I contact the broker?
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1254 Milwaukee Ave
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