Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1525-1529 N Milwaukee Avenue (the “Property”), an urban infill, two-tenant retail investment prominently positioned in the heart of Wicker Park’s high-street retail apparel shopping district, one of Chicago’s highest performing areas.

The ±4,461 square foot retail property is 100% occupied by Saint Alfred & Thursday Boot Company. Saint Alfred is an upscale store selling men’s streetwear, hats, and outerwear, as well as sneakers for both men and women. Saint Alfred experiences annual gross sales exceeding $4 million at this location. Thursday Boot Company is a privately held footwear brand with a direct-to-consumer model. The company has a growing retail presence, opening four stores including this one, on its 10-year anniversary.

Located on North Milwaukee Avenue with ±50 feet of frontage, the Property is well-positioned just steps away from the six-way intersection epicenter of Milwaukee, North, and Damen Avenues with exceptional pedestrian and vehicle counts (46,450 VPD). Wicker Park has flourished into a highly desirable residential market as well as a prominent “high-street” shopping district with thousands of daily retail customers. The Property benefits from well-known neighbors including CAVA, Supreme, Levi’s, ADIDAS Originals, YETI, Burton, Lids, Urban Outfitters, Barry’s Bootcamp, Carhartt, Sweetgreen, Jeni’s Ice Cream, Buffalo Exchange, BODYBAR, Tropical Smoothie Café, and many others.

Within 1-mile, demographics include a population of nearly 61,500, an average household income of $155,000, and a median home value of $624,000.