Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1455 N. Milwaukee Ave (the “Property”), an urban infill mixed-use investment prominently located in Chicago’s vibrant Wicker Park neighborhood. The Property features 125 feet of frontage along N. Milwaukee Avenue and includes an incredibly rare urban infill private surface lot with twenty-three (23) parking spaces.

1455 N. Milwaukee Ave is a two-story mixed-use building featuring ±11,370 of rentable square feet, with retail space on the ground floor occupied by Barry’s Bootcamp, a boutique group fitness provider with more than 90 locations globally, and the upper floor occupied by a medical tenant, KBI Services Inc. (d/b/a Kindbody / Vios Fertility Institute). Barry’s Bootcamp signed a 10-year net lease which features 3% annual rent bumps. Kindbody / Vios Fertility Institute has been operating in this location since February 2017 and just signed a new 5-year lease extension.

The Property is just 0.2-miles from the six-way intersection epicenter of North, Damen, and Milwaukee Avenues with exceptional pedestrian and vehicle traffic counts (45,900 VPD). The Wicker Park neighborhood 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 its proximity to the Kennedy Expressway (Interstate 90/94), the CTA Damen Blue Line ‘L’ station, and The 606, Chicago’s first elevated park.

Within 1-mile, demographics include an average household income of $154,240, a median home value of $602,611 and a total population of 59,816.