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1254 N Milwaukee Ave 2,400 SF Retail Building Chicago, IL 60622 $1,159,340 CAD ($483.06 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime location in Wicker Park’s bustling retail corridor
  • Flexible B1-3 zoning supports multiple business types
  • High-visibility frontage on Milwaukee Avenue
  • Surrounded by national brands and popular restaurants
  • Full basement offers expansion or storage options

EXECUTIVE SUMMARY

Positioned in the heart of Chicago’s vibrant Wicker Park neighborhood, 1254 N. Milwaukee Avenue offers a rare opportunity to own a prime retail property on one of the city’s most dynamic corridors. Surrounded by national retailers such as Jewel-Osco, Lowe’s, Verizon Wireless, CVS, and Footlocker, as well as popular dining destinations like Iron Age Korean Steak House, this location guarantees exceptional visibility and foot traffic.
The property features a 24-foot frontage and 100-foot depth, totaling approximately 2,400 square feet, with an additional full basement ready for customization. Its B1-3 zoning provides flexibility for a wide range of uses, including restaurant concepts, boutique retail, or creative office space. The interior includes a rear storage/office area and bathroom, offering functional convenience for operations.
Wicker Park is renowned for its eclectic mix of retail, dining, and entertainment, attracting a diverse and affluent demographic. With proximity to Ashland Avenue and Division Street, and easy access to public transit, this property is strategically positioned for long-term value appreciation. Whether you’re an investor seeking a high-demand corridor or an owner-user envisioning a flagship location, this asset delivers unmatched potential in one of Chicago’s most sought-after neighborhoods.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,400 SF
Building Class
B
Year Built
1917
Price
$1,159,340 CAD
Price Per SF
$483.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.06 AC
Zoning
B1-3 - Shopping centers, large stores, and retail storefronts, often along major streets. Allows more types of businesses than B1 and B2 districts.
Frontage
24’ on MILWAUKEE AVE
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

[solidcore]
Philz Coffee
Starbucks
Jewel-Osco
U.S. Bank
Fifth Third Bank
Huntington National Bank
Bonchon
Harold's Chicken Shack
Kinton Ramen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-06-235-038-0000
Land Assessment
$41,745 CAD
Improvements Assessment
$71,662 CAD
Total Assessment
$113,407 CAD
  • Listing ID: 31845778

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 1254 N Milwaukee Ave, Chicago, IL 60622

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