Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1514 N. Milwaukee Avenue (the “Property”), a single-tenant retail condo investment prominently located in Chicago’s vibrant Wicker Park neighborhood.

The ±3,009 square foot retail property is 100% occupied by 2nd STREET, a rapidly growing premium second-hand store that started in Japan in 1996, and now has over 700 locations worldwide. 2nd STREET’s parent company, GEO Holdings Corporation, has a market cap of $75 billion and saw $425 billion in revenue in the last 12 months. After opening its first American location on Los Angeles’s Melrose Avenue in 2018, 2nd STREET has since grown to more than 35 locations nationwide.

Located on the corner of North Milwaukee Avenue and North Honore Street, the Property features ±150 feet of frontage and is well-positioned just steps from the six-way intersection epicenter of Milwaukee, North, and Damen Avenues with exceptional pedestrian and vehicle traffic 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. Positioned on Milwaukee Avenue, the Property benefits from well-known neighbors including CAVA, Supreme, Levi’s, ADIDAS Originals, YETI, Burton, Lids, Saint Alfred, 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 62,737, an average household income of $152,496, and a median home value of $600,207.