5742-5744 N Milwaukee Ave
Chicago, IL 60646 Jefferson Park

Fully Equipped Bakery & Commercial Kitchen | 3,799 SF on Milwaukee Ave

Property Type / Subtype
Retail / Storefront Retail Residential (secondary use: Restaurant)

Address
5742-5744 N. Milwaukee Avenue, Chicago, IL 60646
Submarket: Northwest City | Neighborhood: Gladstone Park / Norwood Park

Space

Field	Entry
Suite	Ground Floor
Space Available	3,799 SF
Space Use	Retail
Rent	$20.53/SF/YR ($6,500/month, $78,000/year)
Lease Type	Modified Gross
Lease Term	5 years, renewal option available
Date Available	Upon lease execution
Condition	Fully Built Out as Bakery / Commercial Kitchen
Security Deposit	$6,500 (one month)

Building
Year Built 1920 | Renovated 2022 | 7,598 SF GSF | 2 stories | Masonry | Zoning B3-1 Community Shopping District | Parking: street, Milwaukee Avenue and side streets

Space Highlights

3,799 SF ground floor, retail frontage plus a production-scale commercial kitchen
Delivered fully equipped, landlord-owned FF&E included for the term and renewals
Middleby Marshall conveyor oven, Hobart mixers, walk-in cooler and walk-in freezer
Modified gross rent covers base rent, taxes, CAM and landlord insurance in one payment
Permitted for food production from day one, no build-out required

Property Highlights

Renovated 2022 with new plumbing, new electrical and current code compliance
10,535 VPD at the door, 14,888 VPD at Milwaukee and Medina
Walk Score 100, Gladstone Park Metra on the UP Northwest Line 0.4 miles away
$102K median household income within one mile, 23,400 residents, 9,190 households
Northwest City retail vacancy near 3.0%, one of the tightest in the corridor

Property Description

The entire ground floor of a two-story masonry building on North Milwaukee Avenue is available for lease, delivered fully equipped and ready to operate. The premises total 3,799 square feet of retail frontage with a large working commercial kitchen behind it. The ground floor was renovated in 2022 and is already permitted for food production. A tenant walks into a functioning bakery, not an empty box.

The scale of the kitchen sets this space apart from anything else on the corridor. It was built to produce at volume rather than to serve a single storefront. Anchor equipment includes a Middleby Marshall conveyor oven, multiple Hobart commercial mixers, a walk-in cooler, a walk-in freezer, and a full retail display and service counter. All furniture, fixtures and equipment remain with the premises and are landlord-owned for the term and any renewals. There is no capital outlay to outfit the kitchen.

Rent is $6,500 per month on a modified gross basis, covering base rent, taxes, CAM and landlord insurance in a single payment. Published rates elsewhere on this stretch are base rent only, with taxes, CAM and insurance billed on top and reconciled at year end. Here the total occupancy cost is a fixed, known figure at $20.53 per square foot.

The space suits a second bakery or pastry location, a commissary or central production kitchen, wholesale baking or specialty food manufacturing, a catering operation, a ghost kitchen or multi-brand delivery concept, or a cafe, gelateria or Italian concept. B3-1 zoning permits a broad range of food service, retail and production uses without a special use or variance for standard bakery and commissary operations.

Milwaukee Avenue through Gladstone Park and Norwood Park is a dense, established, high-income trade area with a hundred-year history of independent food retail. Median household income exceeds $100,000 in both the one-mile and three-mile rings, with 23,400 residents within one mile and 220,000 within three miles. Most space marketed on this stretch runs between 1,100 and 2,500 square feet, which makes an equipped 3,799 SF floor with production capacity genuinely scarce.

Showing Instructions 
Do not disturb the tenant. Interested parties may stop in as a customer to view the space, but PLEASE REFRAIN from speaking with staff. Formal showings by appointment only and the listing broker must accompany all showings.

• Date available: Now
• Lease term: Negotiable
• Service type: Modified Gross
• Built out as: Restaurants And Cafes
• Space Type: Relet