Chicago, IL 60641,3500 N Milwaukee AVE
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$ 3,595,000
Est. payment | /mo

24,800 SqFt


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$ 3,595,000
Est. payment | /mo
Save

24,800 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 24,800 sqft

Price per Sqft $144

MLS Listing ID 12441537

Year Built 1955

Annual Tax Amount $56,228

Tax Year 2023

Lot Dimensions 116x286x95x79x280

Property Sub-Type Retail/Stores

Property Description

Rare opportunity to acquire a 24,800 SF freestanding building on 0.87 acres (7 parcels, 37,763 SF) in Chicago's Northwest Side. Currently occupied by Star Distributors, the property will be delivered vacant, offering flexibility for owner-users, investors, or developers. Zoned B1-1, one of Chicago's most flexible designations, allowing a wide range of commercial, office, service, and residential uses (above ground floor). Located on N Milwaukee Ave between Keeler and Tripp, with excellent frontage, visibility, and traffic. Just 1 mile from the rapidly redeveloped Six Corners, featuring a new Target, 206 luxury apartments, Clarendale Senior Living (258 units), Northwestern Medicine's $150M outpatient center, and new ALDI. Transit Friendly: Bus Route 56 (front of site), Routes 53 & 152 (0.2 mi) CTA Blue Line (Irving Park/Addison - 0.75 mi) Metra (Grayland - 0.5 mi, Irving Park - 0.7 mi) Easy access to I-90/94 Area is seeing major public and private investment, including a $27M streetscape upgrade to Milwaukee Ave and Logan Square enhancing walkability and safety. Alderwomen is open to change and development. Demographics: 54,000+ residents within 1 mile | Avg. income: $118K 493,000+ within 3 miles | Avg. income: $127K 95,000+ local workers Highlights: Delivered vacant - ready for occupancy, lease-up, or redevelopment Full block frontage with ample parking Strong nearby retail: Target, Aldi, CVS, Starbucks, Chipotle, etc.

Location

State IL

County Cook

Area Chi - Irving Park

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick,Concrete,Block

Midwest Real Estate Data (MRED) IDX
Listed by Rick Hansen • S Hansen Realty Inc.

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agent
Sarah Leonard

Broker | Owner

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3500 N Milwaukee AVE