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- LoopNet Team
1429 N Milwaukee Ave
Chicago, IL 60622
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 8,132 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1859 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,132 SF |
| Year Built | 1859 |
ABOUT THE PROPERTY
Fantastic building for sale and lease located in the heart of the vibrant WickerPark and Bucktown neighborhoods. Four story building with first floor retail space, three floors of office space and full, clean and dry basement with 8 ft clear ceiling height. Floors 2, 3 and 4 are currently open floor plans with timber loft ceilings and wood floors. Building includes a 965 SF parking area off the alley in back which can accommodate 2 to 3 vehicles or ground level access for a delivery box truck. Existing tenant, Decibel, leases the first floor for retail and the second floor for storage, Their lease expires August 1, 2020 and the monthly rent is $7,000 per month modified gross with tax stop in 2015. The site is surrounded by many national retailers, restaurants, bars and local shops and is just steps from the 606 Trail and the six-corners intersection of North, Damen, and Milwaukee Avenue. The Damen CTA Blue Line stop is ¼ mile away and there are numerous bus lines and defined bike lanes nearby on both Damen and Milwaukee Avenue. The property may qualify as a “transit-oriented development” site, with potential to obtain beneficial zoning bonuses offered by the City.
