Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the Milwaukee Avenue Retail Portfolio (the “Portfolio”), a 20,070 square-foot, four-building retail portfolio including five tenants located in Chicago’s Wicker Park neighborhood. The Portfolio is prominently positioned in the heart of Wicker Park’s high-street retail apparel shopping district, one of Chicago’s highest performing areas.

The Portfolio includes one (1) hard-corner retail property at 1514 N. Milwaukee Avenue, and four (4) contiguous retail spaces directly across the street at 1519 N. Milwaukee Avenue, 1521 N. Milwaukee Avenue, and 1525-1529 N. Milwaukee Avenue. The buildings are 100% leased to high-quality tenants including Urban Outfitters, Crossroads Trading Co., 2nd STREET, Thursday Boot Company, and Saint Alfred. Saint Alfred experiences annual gross store sales exceeding $4 million at this location.

Wicker Park has flourished into a highly desirable residential market as well as a prominent “high-street” retail shopping district with thousands of daily retail customers. The Portfolio benefits from well-known neighbors including Barns & Noble, CAVA, Supreme, Lululemon, Levi’s, ADIDAS Originals, YETI, Burton, Warby Parker, Bluemercury, Arc’teryx, Lids, 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.