Unique Property Available at Milwaukee, Division & Ashland
The Details
- 20,050 SF mixed-use building
- Highly visible at intersection of Division, Ashland and Milwaukee
- Three story building with potential as retail, office, hotel or residential
- Upper floors can be self storage
- Great location at Division Blue Line
- Portion net leased to Fifth Third Bank thru 2026 with three 5-year renewal options – includes parking
- Huge branding potential on facade
- Land Area: 8,640 SF
- Traffic Count: 55,000 in total
- Zoning: B1-3
A highly visible 20,050 square foot mixed-use building is available for sale on Milwaukee Ave. Fifth Third Bank currently leases a 3,481 square foot storefront; their lease expires in 2026 and includes three 5-year renewal options. A 12 space parking lot behind the building is reserved for Fifth Third Bank. The three story building has tons of potential for a user or investor. A large facade provides a great opportunity for branding. Much of the building is available for retail, office, hotel, or apartment use. The upper floors can also be converted to self storage. Facing the Polish Triangle, the property is highly visible from Division, Ashland and Milwaukee as well as the Blue Line pedestrians.
Wicker Park is one of the most desirable neighborhoods in Chicago for businesses and residents alike. The six-way corner of Division, Milwaukee and Ashland has seen a great revival with new residential construction as well as local and national businesses located nearby.