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Deal.ai › Milwaukee
Milwaukee
Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool

Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool

Best price now

$173.95at Chief Miller ApparelChecked 44 min ago

24% under what the other stores charge

Compared across 19 stores. Prices are checked against each store and labelled with when.

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Price facts

  • Best price today: $173.95 at Chief Miller Apparel (checked Nov 13, 2026).
  • Checked at 19 stores.

Our take on the Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool

The Milwaukee 2723-20 is an 18V cordless compact router built for trim and edge work where a cord would get in the way. Its brushless POWERSTATE motor and variable speed dial from 10,000 to 31,000 rpm give it the range of a corded compact router, and REDLINK PLUS electronics guard against overload and overheating. It takes 1/4-inch shank bits and changes them with a tool-free spindle lock. It is a bare tool, so batteries and charger are sold separately, and it suits trim carpenters and remodelers already on the M18 platform who want cord-free routing without giving up control.

Best forTrim carpenters cutting edges and dados on siteRemodelers already invested in M18 batteriesFinish work where a cord is a nuisanceRouting in hardwoods with controlled speed
Pros
  • Brushless motor delivers corded-router power
  • Wide 10,000–31,000 rpm variable speed range
  • Macro adjust button with 1-1/2-inch range
  • Fine adjustment screw for sub-1/64-inch tweaks
  • Tool-free spindle lock speeds bit changes
  • Accepts common 1/4-inch shank bits
Cons
  • Bare tool: no battery or charger included
  • 18V pack adds weight and bulk versus a corded trim router
  • Runtime depends on which M18 battery you own
  • No plunge base in the box

Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool prices at every store

  • Tool NutNew

    In stock

    $189.00Free shippingChecked 44 min ago
    Visit Tool Nut
  • TigerSupplies.comNew

    In stock

    $163.99+ $25.80 shippingChecked 44 min ago
    Visit TigerSupplies.com
  • BenchmarkSupply.comNew

    In stock

    $163.99+ $25.90 shippingChecked 44 min ago
    Visit BenchmarkSupply.com
  • MaxToolNew

    In stockReturn policy

    $229.00Checked 44 min ago
    Visit MaxTool
  • Factory Authorized OutletNew

    In stockReturn policy

    $229.00Checked 44 min ago
    Visit Factory Authorized Outlet
  • The Power Tool StoreNew

    In stockReturn policy

    $229.00Checked 44 min ago
    Visit The Power Tool Store
  • Home DepotNew

    In stock

    $229.00Free shippingChecked 44 min ago
    Visit Home Depot
  • Chief Miller ApparelNew

    Availability unknown

    $173.95Free shippingChecked 44 min ago
    Visit Chief Miller Apparel
  • AmazonNew

    Availability unknown

    As an Amazon Associate, Deal.ai earns from qualifying purchases.

    $174.99Free shippingChecked 44 min ago
    Visit Amazon
  • Ace HardwareNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Ace Hardware
  • The Milwaukee StoreNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit The Milwaukee Store
  • Great Lakes Power ToolsNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Great Lakes Power Tools
  • Way SourceNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Way Source
  • Powerhouse True ValueNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Powerhouse True Value
  • Acme ToolsNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Acme Tools
  • Blain's Farm & FleetNew

    Availability unknown

    $229.00Checked 44 min ago
    Visit Blain's Farm & Fleet
  • Woodson LumberNew

    Availability unknown

    $229.99Checked 44 min ago
    Visit Woodson Lumber
  • MSC Industrial SupplyNew

    Availability unknown

    $282.69Checked 44 min ago
    Visit MSC Industrial Supply
  • Grainger Industrial SupplyNew

    Availability unknown

    $631.28Checked 44 min ago
    Visit Grainger Industrial Supply

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Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool price history

Lowest price we've seen: $163.99 on Nov 13 at BenchmarkSupply.com. Tracked across 16 stores since Nov 13.

What reviewers say

Owners treat it as a capable cordless substitute for a corded compact router, praising the power and speed control and the convenience of no cord. Complaints center on battery drain under heavy cuts and the extra cost of buying into the M18 battery line.

What people mention
  • PowerPraisedOwners say the brushless motor handles hardwoods without stalling.
  • Speed controlPraisedThe variable dial is called out for clean edges and detail work.
  • Bit changesPraisedThe tool-free spindle lock makes swapping 1/4-inch bits quick.
  • Battery lifeCriticisedContinuous heavy cuts drain an 18V pack quickly.
  • WeightMixedSome find it heavier and bulkier than a corded compact router once a battery is fitted.

About the Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool

The Milwaukee M18 FUEL compact router is a cordless, 18V router sold as a bare tool. It uses a POWERSTATE brushless motor, rated at 1-1/4 HP, to make cuts in hard woods. REDLINK PLUS intelligence monitors the tool to protect it from overloads, heating and over-discharge.

A variable speed dial sets the speed between 10,000 and 31,000 rpm for clean edges and details. A Macro Adjust button makes fast height adjustments across 1-1/2" of adjustable range. A fine adjustment screw allows precise adjustments beyond 1/64" increments.

The router accepts 1/4" shank bits. A tool-free spindle lock allows bit changes with one 11/16" collet wrench. An LED light illuminates the cut surface. It works with Milwaukee Plunge base and Offset base attachments, which are sold separately.

Voltage
18V
Power
Cordless, 1-1/4 HP
Speed
10,000 - 31,000 rpm
Max bit depth
1-1/2 in
Bit shank
1/4"
Motor
POWERSTATE brushless
Electronics
REDLINK PLUS intelligence, DRIVE CONTROL, on-board fuel gauge
Lighting
Dual LED
Bit brake
Yes
Sub-baseplate
5-3/4" template sub-base plate accepts 1-1/4" template bushings
Compatible bases
Milwaukee Plunge base and Offset base (sold separately)
Battery
Not included (bare tool)
In the box

Questions and answers

Does it come with a battery and charger?
No. It is a bare tool, so you need an M18 battery and charger, sold separately.
What size router bits does it take?
It accepts 1/4-inch shank bits, changed with the tool-free spindle lock and an 11/16-inch collet wrench.
What speed range does it have?
The variable speed dial runs from 10,000 to 31,000 rpm, letting you slow down for large bits and hardwoods.
How much adjustment does the base give?
The macro adjust button covers 1-1/2 inches of range, and the fine adjustment screw lets you dial in beyond 1/64-inch increments.
Is it a replacement for a corded compact router?
For trim and edge work, yes. It has comparable power and speed, but runtime depends on your M18 battery and it is heavier with a pack fitted.
Does it include a plunge base?
No. It ships as a fixed-base compact router; plunge routing needs a separate base.
Where is the Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool cheapest?
At Chief Miller Apparel, for $173.95, 24% under what the other stores charge, as of our latest check.
Where can I buy the Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool?
19 stores we checked sell it, including MaxTool, Factory Authorized Outlet, The Power Tool Store, Chief Miller Apparel, Amazon.
M18 FUEL Compact Router (2723-20), 1/4" collet, 4" round sub-base plate, 5-3/4" template sub-base plate, 11/16" collet wrench, 7/16" spindle wrench, dust shroud, fixed base, straight edge guide, owner
Warranty
5-year limited factory warranty
Model
2723-20

Stores we've priced the Milwaukee 2723-20 M18 FUEL 18V Cordless Li-Ion Compact Router - Bare Tool at

  • Ace Hardware deals and prices
  • Acme Tools deals and prices
  • BenchmarkSupply.com deals and prices
  • Blain's Farm & Fleet deals and prices
  • Grainger Industrial Supply deals and prices
  • MSC Industrial Supply deals and prices
  • The Home Depot deals and prices
  • The Milwaukee Store deals and prices
  • Tool Nut deals and prices

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