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1563 N Milwaukee Ave 2,944 SF of Retail Space Available in Chicago, IL 60622
Highlights
- Second-generation retail space on a prime block of Milwaukee Avenue in Wicker Park.
- Surrounded by a diverse mix of international, national, and local retailers and restaurants.
- High visibility and strong pedestrian traffic in a dense urban retail corridor.
- Located within one block of the Damen Blue Line CTA station with over 1.22 million annual riders.
- Includes approximately 2,097 square feet of basement storage for added functionality.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,944 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The space features approximately 2,944 RSF of retail area complemented by 2,097 square feet of basement storage, making it ideal for retailers seeking both display and inventory capacity. Surrounded by a dynamic mix of international, national, and local brands, including Dr. Martens, Levi’s, Adidas, Urban Outfitters, and Abercrombie & Fitch, the location benefits from strong co-tenancy and a thriving retail corridor.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1563 N Milwaukee Ave, Chicago, IL 60622
- Tenant
- Description
- US Locations
- Reach
- Burton Snowboards
- Sporting Goods
- 26
- International
- W Eighty Two
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Burton Snowboards | Sporting Goods | 26 | International |
| W Eighty Two | Retailer | 1 | - |
Property Facts
| Total Space Available | 2,944 SF | Gross Leasable Area | 5,670 SF |
| Property Type | Retail | Year Built | 1907 |
| Property Subtype | Storefront |
| Total Space Available | 2,944 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,670 SF |
| Year Built | 1907 |
About the Property
Located in the heart of Chicago’s vibrant Wicker Park neighborhood, 1563 North Milwaukee Avenue offers a second-generation retail space on one of the most active and highly trafficked blocks in the city. This property provides exceptional visibility and foot traffic, positioned within one block of the Damen Blue Line CTA station, which serves over 1.22 million riders annually. The space features approximately 2,944 RSF of retail area complemented by 2,097 square feet of basement storage, making it ideal for retailers seeking both display and inventory capacity. Surrounded by a dynamic mix of international, national, and local brands, including Dr. Martens, Levi’s, Adidas, Urban Outfitters, and Abercrombie & Fitch, the location benefits from strong co-tenancy and a thriving retail corridor. With immediate access to Milwaukee Avenue’s eclectic shopping and dining scene, this property offers unparalleled connectivity to Chicago’s urban core and affluent residential base. Available May 2026, this site is a rare opportunity for retailers to establish a presence in one of the city’s most iconic neighborhoods.
Nearby Major Retailers
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1563 N Milwaukee Ave
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