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Palwaukee Plaza 604-698 N Milwaukee Ave 402 - 22,178 SF of Space Available in Prospect Heights, IL 60070

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HIGHLIGHTS

  • Prime location along Milwaukee Avenue with ~58,800 VPD
  • Multiple access points and prominent monument signage
  • Flexible spaces suitable for retail, medical, and office users
  • Strong co-tenancy with national and regional brands
  • Surrounded by dense residential and major retail anchors

SPACE AVAILABILITY (8)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 664-622
  • 904 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 1st Floor - Ste 664-622
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 664-654A
  • 2,400 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 1st Floor - Ste 664-654A
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 664-660
  • 7,326 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 1st Floor - Ste 664-660
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 664-684
  • 1,125-7,326 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 1st Floor - Ste 664-684
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • 1st Floor, Ste 664-694
  • 2,280 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 1st Floor - Ste 664-694
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 2nd Floor, Ste 664-203B
  • 1,030 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 2nd Floor - Ste 664-203B
Space Use
Office
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Office
  • Fits 3 - 9 People
  • 2nd Floor, Ste 664-204
  • 402 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 2nd Floor - Ste 664-204
Space Use
Office
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Office
  • Fits 2 - 4 People
  • 2nd Floor, Ste 664-204A
  • 510 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
618-698 N Milwaukee Ave - 2nd Floor - Ste 664-204A
Space Use
Office
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Office
  • Fits 2 - 5 People
Space Size Term Rental Rate Rent Type
1st Floor, Ste 664-622 904 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 664-654A 2,400 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 664-660 7,326 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 664-684 1,125-7,326 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 664-694 2,280 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
2nd Floor, Ste 664-203B 1,030 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
2nd Floor, Ste 664-204 402 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
2nd Floor, Ste 664-204A 510 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

618-698 N Milwaukee Ave - 1st Floor - Ste 664-622

Size
904 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

618-698 N Milwaukee Ave - 1st Floor - Ste 664-654A

Size
2,400 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

618-698 N Milwaukee Ave - 1st Floor - Ste 664-660

Size
7,326 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

618-698 N Milwaukee Ave - 1st Floor - Ste 664-684

Size
1,125-7,326 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space

618-698 N Milwaukee Ave - 1st Floor - Ste 664-694

Size
2,280 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

618-698 N Milwaukee Ave - 2nd Floor - Ste 664-203B

Size
1,030 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Office
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Office
  • Fits 3 - 9 People

618-698 N Milwaukee Ave - 2nd Floor - Ste 664-204

Size
402 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Office
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Office
  • Fits 2 - 4 People

618-698 N Milwaukee Ave - 2nd Floor - Ste 664-204A

Size
510 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Office
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Office
  • Fits 2 - 5 People

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 PALWAUKEE PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Care For Kids Learning Center
  • Daycare
  • 1
  • Local
  • Family Dollar
  • Dollar/Variety/Thrift
  • 9,654
  • National
  • La Michoacana Premium
  • Ice Cream
  • 22
  • National
  • Mango Market
  • -
  • 1
  • -
  • Monica's Mexican Restaurant
  • Restaurant
  • 1
  • Local
  • Rocky's American Grill
  • Restaurant
  • 1
  • Local
TENANT DESCRIPTION US LOCATIONS REACH
Care For Kids Learning Center Daycare 1 Local
Family Dollar Dollar/Variety/Thrift 9,654 National
La Michoacana Premium Ice Cream 22 National
Mango Market - 1 -
Monica's Mexican Restaurant Restaurant 1 Local
Rocky's American Grill Restaurant 1 Local

PROPERTY FACTS

Total Space Available 22,178 SF
Min. Divisible 402 SF
Center Type Neighborhood Center
Parking 595 Spaces
Stores 34
Center Properties 3
Frontage
1,039’ on Apple Dr
  • 527’ on Milwaukee Ave
  • 830’ on Palatine Rd
Gross Leasable Area 113,870 SF
Total Land Area 23.19 AC
Year Built 1978
Cross Streets Palatine Rd

ABOUT THE PROPERTY

Palwaukee Plaza offers a prime leasing opportunity in the heart of Prospect Heights along bustling Milwaukee Avenue, a corridor with exceptional visibility and traffic counts of approximately 58,800 vehicles per day. This established retail center spans over 113,000 square feet and is anchored by a dynamic mix of national and regional brands, creating a vibrant environment for retail, service, medical, and professional office users. The property boasts multiple access points, prominent monument signage, and abundant parking with over 600 spaces, ensuring convenience for customers and employees alike. Surrounding the center is a dense residential base complemented by major retailers such as Walmart, LA Fitness, Home Depot, and Starbucks, driving consistent foot traffic and consumer demand. With available spaces ranging from boutique-sized suites to larger footprints, Palwaukee Plaza is ideal for businesses seeking a strategic location in a thriving suburban market. The area’s strong demographics, high household incomes, and proximity to major thoroughfares make this an unparalleled opportunity for growth and visibility.

  • Air Conditioning
  • Banking
  • Bus Line
  • Property Manager on Site
  • Pylon Sign
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage

NEARBY MAJOR RETAILERS

Naf Naf Grill
LA Fitness
Starbucks
  • Listing ID: 39001184

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 604-698 N Milwaukee Ave, Prospect Heights, IL 60070

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