1555 Milwaukee AveChicago, IL 60622

Property Details for 1555 Milwaukee Ave

Property type

Retail properties

Description

This exceptional 1,790 square foot retail space is ideally situated in the heart of Chicago's vibrant Wicker Park neighborhood, directly on Milwaukee Avenue within the Landmark District. Its prime location offers unparalleled visibility and accessibility, just steps from the Damen Blue Line Station, ensuring high foot traffic and convenient public transportation. The open layout boasts high ceilings and stylish exposed ductwork, creating a modern and inviting atmosphere. The space includes ample storage and is equipped with three-phase electric and two exhaust fans in the rear, making it easily adaptable for various uses, including light food service (coffee shop, bakery, pizza). The property's versatility is further enhanced by its suitability for a wide range of retail businesses. Wicker Park's desirability is reflected in its exceptional demographics, with an average annual household income within a one-mile radius exceeding $152,000. The area boasts a Walk Score of 99 and a Bike Score of 94, highlighting its pedestrian and cyclist-friendly environment. Market data indicates an average retail rent of $35.50 NNN and a low vacancy rate of 5.0%. This presents a unique opportunity to establish a thriving business in one of Chicago's most dynamic and sought-after retail destinations.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9098

Longitude

-87.6764

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