3500 N Milwaukee Avenue
Chicago, IL 60641

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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.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60641
• Year Built: 1955
• Sq.Ft.: 24,800 sq ft
• Stories: 1
• Units: 1 unit
• # Of Drive In Doors: 2
• # Of TL Docks: 2
• Additional Parcels: Yes
• Building Area Total: 24800
• Construction Materials: Brick, Concrete, Block
• Cooling: Central Air
• Directions: North on Milwaukee from Belmont.
• Electric: Three Phase
• Fire Protection: Alarm Monitored, Alarm On Site, Sprinklers-Wet
• Foundation Details: Concrete Perimeter
• Gross Rentable Area: 37, 763
• Heat/Ventilation: Central Bldg Heat
• Information: 24-Hr Notice Required, List Broker Must Accompany, Show-Call Listing Office
• Leasable Area: 24800
• Lot Size Square Feet: 37763
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 24, 800
• Outdoor Parking: 31-50 Spaces
• Property Offered: For Sale Only
• Property Sub Type: Retail
• Roof Structure: Flat
• Tax Annual Amount: 56228
• Tax Year: 2023