CRER Brokers Steven Rapoport and Tim Keenan have successfully completed the lease up of a 6,200 square foot retail space featuring 65 feet of prime frontage along Milwaukee Avenue in Wicker Park, one of Chicago’s most vibrant and high traffic retail corridors.
The property attracted multiple LOI’s from retailers seeking visibility in a proven destination location.
CRER locked in a deal with Olio, the exclusive marketplace for coveted pop-up storefronts in the Chicagoland area. Olio operates a two-sided marketplace that pairs small businesses and emerging brands with high visibility retail opportunities in sought after locations. Under Olio’s platform, the space has already hosted notable activations, including an Oasis opening pop up store in Wicker Park ahead of the band’s Chicago tour stop, as covered by Block Club Chicago.
The storefront also featured Demolition Collective, a boutique vintage clothing concept known for curated apparel and limited inventory drops.
This leasing strategy underscores a broader shift in urban retail toward flexible, experience driven programming that keeps storefronts dynamic while maximizing rental performance.
CRER’s Broader Retail Leasing Track Record
This transaction adds to CRER’s growing retail leasing portfolio across Chicago.
CRER previously represented Fever in securing nearly 14,500 square feet at Germania Place in the Gold Coast.
CRER also recently completed a 3,700 square foot lease at 626 W Randolph for a medical spa operator.
Active in Wicker Park Investment Sales
Beyond leasing, CRER continues to be highly active in the Wicker Park and Bucktown submarkets including the flowing recent sales:
- 1422 N Milwaukee Ave: A 23-unit mixed use building in Wicker Park
- A Bucktown mixed use property sold off market for 1.55 million
- Two Wicker Park development sites delivering 40 new apartments
This combination of leasing expertise and investment sales advisory gives property owners a strategic advantage when positioning assets in competitive urban submarkets.
Looking to Lease or Sell Commercial Real Estate in Chicago
If you are considering leasing or selling commercial real estate in the City of Chicago, having the right strategy and market insight makes all the difference. From positioning and pricing to negotiations and closing, every step impacts your bottom line.
If you would like guidance tailored to your specific property and goals, we are always available for a confidential conversation. Let’s create a plan that maximizes value and gets the job done.
Contact Steven Rapoport StevenR@crer.com at 847 863 2707
Contact Timothy Keenan TimK@crer.com at (773) 983-0741
