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New York Buyer Acquires Retail Medical Building In Chicago For $5.6 Million

Property Image
SOLD
$5,600,000
Brewster Hague
Danny Spitz

Illinois

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Retail11,370 SF
Sold 02/26/2026
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Property Image
SOLD

New York Buyer Acquires Retail Medical Building In Chicago For $5.6 Million

1455 North Milwaukee Avenue

See Similar Deals
Retail11,370 SF
Sold 02/26/2026
Brewster Hague
Danny Spitz
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$492
Total Square Footage:11,370 SF
Transaction Type:Sale

A retail and medical building located at 1455 North Milwaukee Avenue in Chicago has been sold for $5,600,000. The property spans 11,370 square feet and trades at a price per square foot of $493. It is fully occupied by Barry’s Bootcamp on the ground floor and Kindbody above, making it a fully utilized two-story facility.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,600,000
  • Square Footage: 11,370
  • Price Per Square Foot: $493
  • Address: 1455 North Milwaukee Avenue, Chicago
  • Market: Chicago
  • Buyer: New York-based buyer
  • List Price Achievement: 98% of list price

The deal was facilitated by Greenstone Partners, with Danny Spitz and Brewster Hague representing the seller and procuring the buyer. Their involvement highlights their role in successfully closing the transaction.

Players

Danny Spitz
Greenstone Partners
Danny Spitz
24 deals$215M volume
BROKER
Brewster Hague
Greenstone Partners
Brewster Hague
24 deals$71.6M volume
BROKER

Details

SOLD
IMAGE: Brewster Hague & Danny Spitz DATE: 02/26/2026 ADDRESS: 1455 North Milwaukee Avenue MARKET: Chicago ASSET TYPE: Retail BROKERS: Danny Spitz & Brewster Hague (@Brewster_Hague) - Greenstone Partners (@GreenstonePartners) SALE PRICE: $5,600,000 SF: 11,370 ~ PPSF: $493 NOTE: Greenstone Partners brokered the $5.6 million sale of a 11,370-square-foot retail and medical building at Wicker Park’s 1455 N. Milwaukee Ave., with the asset trading at 98% of list price to a New York–based buyer.The two-story property is fully occupied by Barry’s Bootcamp on the ground floor and Kindbody above, with Greenstone’s Danny Spitz and Brewster Hague representing the seller and procuring the buyer.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$298,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,546.86
Annual Debt Service$318,562.28