1138 Milwaukee AveChicago, IL 60642

For Lease
$30/SF/YR

Prime Chicago location, 1250 SF, C2-2 zoned

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,250 square foot commercial condominium presents a rare investment opportunity in Chicago's desirable West Town neighborhood. Located at 1138 N Milwaukee Avenue, this single-tenant property boasts a coveted C2-2 zoning designation and low real estate taxes, promising significant potential for growth. Originally designed as an office, the space features a reception area, conference room, three private offices, and a washroom, all under a striking 12-foot ceiling. The unit is equipped with high-quality mechanical, electrical, and plumbing systems, including a gas-forced air unit, electric water heater, and a robust 200-amp electrical service. Currently operating as a successful med spa, the property is in excellent condition and ready for immediate occupancy by a variety of professional, office, or retail businesses. Its prime location offers unparalleled accessibility, situated just a block from the CTA Division Street Blue Line Station and conveniently served by #9 and #70 bus lines. The larger building encompasses 6,098 square feet on a 3,081 square foot lot and was constructed in 2008. This is a unique chance to acquire a thriving business space in a high-traffic area, benefiting from the vibrant energy of West Town and its proximity to the bustling retail corridor of Wicker Park. The property's single-tenant occupancy and strong infrastructure make it an ideal investment for discerning buyers seeking a stable and potentially high-return asset in a prime Chicago location. Cook County APN: 17-05-301-064-1001.

Highlights

  • 1,250 SF commercial condo in prime West Town location.
  • C2-2 zoning with low real estate taxes.
  • Features reception area, conference room, three private offices, and washroom.
  • Excellent condition, ready for immediate occupancy.
  • High-traffic location near CTA Blue Line and bus routes.

Property Details for 1138 Milwaukee Ave

Property type
Other retail properties, Individual retail properties
RSF (Rentable sq. ft)
6,098 SF
Year Built
2008
Buildings
1

Unit(s) available at that property

Space
Size
1,250 SF
Rate per SF
$30

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.90245668505
Longitude
-87.665038876628
1138 Milwaukee Ave, Chicago, Illinois

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1138 Milwaukee Ave
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