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3500 N Milwaukee Avenue

Chicago, IL 60641
  • $3,595,000
  • STATUS: Active
  • ON SITE: 182 Days
  • MLS #: 12441537
$3,595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

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.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-06T20:20:40.567 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3500 N Milwaukee Avenue Chicago, IL 60641

  • Price: $3,595,000
  • Status: Active
  • On Site: 182 Days
  • MLS #: 12441537
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
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.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetAlley Access Outdoor Parking 31-50 Spaces Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Number Of TLDocks 2

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 24800 Electric Three Phase Fire Protection Alarm MonitoredAlarm On SiteSprinklers-Wet Leasable Area 24800 Mls Actual Status Active Net Operating Income 0 Property Offered For Sale Only Property Sub Type Retail Rental Price 0 Tax Annual Amount 56228 Tax Year 2023 Type Retail/Stores

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of S Hansen Realty Inc.: 773-477-4455.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-06T20:20:40.567 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Leila Keene & Marjorie Allabastro Team | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642