3500 N Milwaukee Avenue
Chicago, IL, 60641
$3,595,000
Beds
0 Baths
0 SqFt
0 Acres
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$3,595,000
3500 N Milwaukee Avenue
Chicago, IL, 60641
MLS #MRD12441537 image #0
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.

Property Details

Price:
$3,595,000
MLS #:
MRD12441537
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
CHI – Irving Park
Listed Date:
Aug 8, 2025
Total Sq Ft:
24,800
Year Built:
1955
Chi – Irving ParkChi – Irving Park

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Concrete, Block

Financial

Tax Year
2023
Taxes
$56,228
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 01, 2025
1,076
Commercial Listed
165
Avg DOM
148
Avg $ / SqFt
$1,047,833
Avg List Price

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Property Summary

    3500 N Milwaukee Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $3,595,000 To schedule a showing of MLS#mrd12441537 at 3500 N Milwaukee Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3500 N Milwaukee Avenue
Chicago, IL