1254 N Milwaukee Ave - Retail FOR SALE


Chicago, IL 60622- Wicker Park
$845,000 USD
847-334-3700
1254 N Milwaukee Ave, Chicago, IL for Sale
$845,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

1254 N Milwaukee Ave
Chicago, IL 60622
Wicker Park


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$845,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,412 SF

ZONING

B1-3

APN/PARCEL ID

17-06-235-038-0000

ASK ABOUT THIS PROPERTY

Michael ZyungBaird & Warner GlenviewMore Info
847-334-3700

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Michael ZyungBaird & Warner GlenviewMore Info
847-334-3700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.