2418 Milwaukee AveChicago, IL 60647

  • Commercial real estate
  • 29,000 SF
For Lease

Property Details for 2418 Milwaukee Ave

Year built
1909
Lot size
0.13 AC
Property size (Sq ft)
29,000 SF
Property type
Commercial real estate
APN
13-25-326-010
APU
1325326010

Description

This exceptional 8,785 square foot retail space presents a unique opportunity in Chicago's vibrant Logan Square neighborhood. Located on the ground floor of a new luxury residential building at 2418 N Milwaukee Ave, this single-tenant space boasts a column-free layout with impressive high ceilings. The property features over 100 feet of frontage along Milwaukee Avenue, providing excellent visibility and accessibility for customers. A dedicated parking area is conveniently located at the rear of the building. This prime location places your business in the heart of Logan Square, surrounded by Chicago's trendiest retail establishments and restaurants. The space is new construction, offering a modern and efficient layout ready for immediate occupancy. A deep sidewalk area is planned along Milwaukee Avenue, further enhancing pedestrian traffic and visibility. This is an ideal space for a variety of retail concepts seeking a high-profile location in a thriving, densely populated area of Chicago, Illinois, zip code 60647. The property's size and location offer significant potential for growth and success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,991,896
    Hospitality
    $9,152,523
    Educational
    $7,614,792
    Medical
    $7,876,676
    Retail
    $11,845,232
2418 Milwaukee Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.925
Longitude
-87.7013
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$120,781
$29,250
$555,976
$585,226
-
$117,000
$2,223,904
$2,340,904

FAQs

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