2040 n milwaukee lux flyer - baum realty group n milwaukee l… · chicago distilling co the radler...
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LOGAN SQUAREHIGH IMPACT
RETAIL SPACE
Conceptual Rendering
For more information, please contactWill [email protected]
2040N. MILWAUKEE
For more information, please contactWill [email protected]
Site Highlights
• High impact retail space available in the trend setting Logan Square neighborhood of Chicago
• Property features over 70 feet of frontage on Milwaukee Avenue, high ceilings, fl oor to ceiling windows and full basement for storage or additional retail space
• Transit oriented location just steps from Western/Milwaukee/Armitage, the Western CTA Blue Line and multiple bus routes
• Nearby co-tenants include Concord Music Hall, Wasabi, Green Eye Lounge, Walgreens and many more
• 5,500 SF available, divisible to 3,000 SF
WALK SCORE
92Walker’s ParadiseDaily errands do not require a car.
TRANSIT SCORE
72Excellent TransitTransit is convenient for most trips.
BIKE SCORE
80Very BikeableFlat as a pancake, good bike lanes.
For more information, please contactWill [email protected]
Concord Music Hall 90 Miles Cuban Cafe
Irazu
Madison Public House
Wasabi
Remedy
AREA TENANTS
For more information, please contactWill [email protected]
MODE Logan Square - 70 UnitsThe Mil-West - Retail Development
The Congress Theater - $55M Renovation Clayco Apartments - 132 Units
The Western - 44 UnitsL - 120 Units
NEARBY DEVELOPMENTS
For more information, please contactWill [email protected]
W. ARMITAGE AVENUE
N. W
ESTERN AVEN
UE
N. MILWAUKEE AVENUE
BLUE LINE ‘L’WESTERN AVENUE
STATION
BLUE LINE ‘L’WESTERN AVENUE
STATION
THE WESTERNTHE WESTERN
CONGRESS THEATERREDEVELOPMENT
CONGRESS THEATERREDEVELOPMENT
THE MIL-WESTTHE MIL-WEST
MODE LOGAN SQUAREMODE LOGAN SQUARE
2040 N. MILWAUKEE
Logan Square Focused around the pedestrian, Logan Square boasts bike and walk friendly streets. Along Milwaukee Avenue, one of the main pedestrian highways: cheap eats, gourmet coff ee, scruff y dive bars and artisanal cocktail lounges can be found. Some may say it’s a recipe for a hipster haven but many socio-economic groups come together to form a diverse, grounded community. In Logan Square, a strong neighborly connection is apparent from active preservation groups to community gardens and a locally-run farmers market. With an emphasis on locality: ingredients are sourced locally at their buzz-worthy restaurants; corner taps tout local, craft brews; galleries showcase local artists; and concerts and streets festivals promote local, upstart bands.
At the heart of this community is the “square” of Logan Square. It comes together at the intersection of Kedzie and Logan Boulevard, where a circle interchange meets with Milwaukee Avenue. The boulevards are widened thoroughfares that are set apart by grassy, landscaped medians and tall, stately trees that border both its sides. The neighborhood has four boulevards in total and these link together to form Chicago’s Emerald Necklace, an expansive system of interconnected parks and streescapes.
WESTERN AVENUE CTA STATION TOTALS
(2016)
Annual Average Riders
1.6MAverage Daily Riders
5,523A station improvement project for the Western Avenue
station was completed in January 2015 as part of
Chicago’s $492 million ‘Your New Blue’ project to
rennovate the O’Hare branch of the Blue Line.
For more information, please contactWill [email protected]
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CALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIACALIFORNIA
90
Hairpin Lofts49 Units
Renovated
Ser
CitibankCafe Mustache
Revolution BrewingChicago Diner
Q-Tine
Gaslight Coffee
The Whistler
Paulie Gee’sFather and Son
Small Fry
JamNew Wave Coffee
Art & Science
Webster’s Wine
Johnny’s Grill
Dunlay’sBilly Sunday
Lula Cafe
Philly’s Best
Lost BarBlack Lion Tavern
Furious Spoon
Estereo
Liberty BankEast Room
Cole’s Bar
Foremost LiquorsLogan Bar & Grill
Taqueria Moran
Central BakeryThe Boiler Room
MasadaTownship
Half Italian
McDonald’s
Banh Mi BagetThe Walk In
Farmers MarketGAP
Harding Tavern
Pinot’s PaletteHopewell Brewing Co.
Cafe Con LecheDe Noche Mexicana
Parts & Labor
IntelligenstiaChoi’s Chinese
Uncharted BooksSanta Barbara Jewelry
El CidAzucarSame Day CafeLongman & Eagle
Trike ThaiRocking Horse
The Crab PadWeb In Front
The Owl
EmporiumSurf
Chicago Distilling Co
The Radler
Chase Bank
Cozy Corner
Family Dollar
Madison Public House
Family Thrift Store
Taqueria Los ComaleThe Bike
SalonA
Little Mel’s
Dunkin DonutsBaskin-Robbins
Logan TheatreRenovationCompleted
Logans Crossing220 Units
Under
California Studios138 Units & Retail - Proposed
MiCa216 Units
Completed
Mode Log78 Units -
Enclave49 Townho
Under Constr
2701 W. Armitage59 Units - Proposed
2835-45 W. Belden95 Units - Proposed
Urban Orchard Project2570-92 N. Milwaukee
Proposed
Logan Square CTA Blue LinePlaza Redevelopment
2504-2516 N. Willetts Court23 Condo Units - Completed
2489-2505 N. Milwaukee18 Units - Completed
Goldblatt’s Apartments2778 N. Milwaukee
49 Units & Retail Space
Reno
2779 N. Milwaukee99 Units
Renovated
Your Pet’s Wellness
2040 N. Milwauke
For more information, please contactWill [email protected]
TN B I N G H A M S T
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WESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERNWESTERN
94
Wasabi
Congress Pizzeria
Walgreens
CVS
Arturo’s Tacos
McDonald’s
Remedy
Plazzio’s Pizza
Lazo’s tacos
Las AsadasArt of ChickenGBD CakesIpsento Coffee
rai
esLane
n MexicoAce Harware O’s Tap
Turbo Tacos
Village Discount
Green Eye LoungeBelly Shack
Subway
L Development- 120 UnitsLeasing
The Mil-WestRetail Development
Congress Theater$55M Renovation +50 hotel rooms or 32 apartmentsUnder Renovation
Congress Theater Apartments120 Units - Proposed
gan Square- Completed
eomesruction
Clayco - 1968 N. Milwaukee132 Units - Proposed The Western
44 Units - Under Construction
John Pennycuff Memorial Apartments at Robert Castillo Plaza88 Units - Proposed
ee
Milwaukee Avenue runs diagonally from downtown Chicago off ering access to some of the trendiest neighborhoods including West Town, Wicker Park, Bucktown, Logan Square, Portage Park, and Jeff erson Park. With access to the CTA Blue Line, as well as being Chicago’s busiest street for bikes, Milwaukee Avenue will continue to attract increasing amounts of residents, visitors and tourists as developments are completed.
Logan Square’s
Explosive GrowthThere are more than 1,100 residential units, the majority of them apartments, spread over at least 20 projects that are either under construction or have been proposed in the neighborhood, bringing a new demographic and feel to Logan Square. The infl ux of housing is expected to bring thousands of new residents to the neighborhood along with money that never made its way to Logan Square during the last housing boom before the recession hit.
New businesses along Milwaukee Avenue include fashion boutiques and numerous trendy restaurants, bars and breweries.
DEMOGRAPHIC SUMMARY
RADIUS
0.25 MILE 0.5 MILE 1 MILE
AVERAGE HHI $83,057 $101,512 $100,856
DAYTIME POPULATION 2,361 8,752 33,389
RESIDENTIAL POPULATION 4,477 18,788 60,474
MILWAUKEE AVENUE CORRIDOR DEVELOPMENT
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W Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage AveW Armitage Ave
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HERO Coffee Bar
Animale
Cole Taylor Bank
O’s Tap
Margie’s Candies
Bucktown Food & Liquor
Green Eye Lounge
Lazo’s Tacos
Congress Pizzeria
Soggy Paws
Concord Music Hall
siteIpsento Coffee
Art of Chicken
Las Asadas
Sam’s Red Hots
Arturo’s Tacos
Plazzio’s Pizza
20,840
9,151
12,400
42,56046,983
Blue Line ‘L’Western Station1.6M Riders/Year
Zaatar Linda’s Flower Shop
Turbo Tacos
WWW.BAUMREALTY.COM | 1030 W. CHICAGO AVENUE, SUITE 200 | CHICAGO, IL 60642 | 312.666.3000
© 2017 All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifi cations, removal of the listing from sale or lease, and to any listing conditions, including the rates and manner of payment of commissions for particular off erings, the terms of which are available to principals or duly licensed brokers. This information may include estimates and projections with respect to future events, and these future events may or may not actually occur. Such estimates and projections refl ect various assumptions concerning anticipated results. While we believe these assumptions are reasonable, there can be no assurance that any of these estimates and projections will prove to have been correct. Therefore, actual results may vary materially from these forward-thinking estimates and projections. Any square footage dimensions set forth are approximate.
For more information, please contactWill [email protected]