5215 North Milwaukee Avenue, Chicago, IL, 60630

5215 North Milwaukee Avenue Chicago, IL 60630

5215 North Milwaukee Avenue, Chicago, IL, 60630
5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630 5215 North Milwaukee Avenue, Chicago, IL, 60630
FOR SALE
Property Type:
Strip Center
Amount:
$2,850,000
Last Verified:
Jul 22, 2025

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Highlights

  • 8,870 SF retail strip center
  • 100% occupancy
  • Prime Chicago location
  • Exceptional visibility
  • Strong demographics
  • Anchored by long-term Firestone lease
  • Tremendous signage
  • Parking for 23 cars

Description

Introducing an unprecedented opportunity—the first time to market in 25 years! This 8,870 RSF retail strip center commands an unparalleled location with exceptional demographics and visibility. Boasting 100% occupancy, the property is anchored by a long-term lease with Firestone Corporation, a staple in the community for over 25 years. The building offers tremendous signage and visibility, with parking for 23 cars, and is strategically situated at a busy stoplight corner opposite Walgreens. Firestone's lease includes 6,827 RSF with 10 service bays and a small office, extending through 12-1-2029 with multiple extension options. Additionally, Jurassa Kabab occupies 2,043 RSF with a lease through 7-31-2029 and extension options, making this an unmissable investment opportunity.

Discover the vibrant surroundings of the property on North Milwaukee Avenue, Chicago, IL, 60630. Situated in a prime location, this area offers easy access to a dynamic mix of amenities and attractions. Just minutes away, you'll find the iconic Six Corners shopping district, a bustling hub of retail, dining, and entertainment. Additionally, the neighborhood is dotted with charming cafes, diverse restaurants, and green spaces, providing plenty of options for relaxation and rejuvenation. With a rich cultural scene and convenient transportation links, the area is an ideal choice for office building investment, offering a distinctive blend of urban energy and community charm.

Building Size: 8870sq ft
Lot Size: 0 acres


Documents

5215-33 N Milwaukee Marketing Package_Public - S Goldstein 2025.pdf

Map of 5215 North Milwaukee Avenue, Chicago, IL, 60630

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.