1136 N Milwaukee Ave

Chicago, IL 60642
  • $1,499,900

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,850

    SqFt

About the Listing 88212 - 163358

Well-kept mixed-use property in the highly desirable East Wicker Park / West Town corridor. Situated on bustling Milwaukee Ave near Division, this B3-2 zoned building provides excellent opportunities for investors, developers, or owner-occupiers. The property features a spacious commercial area with soaring ceilings, four residential units above-also with high ceilings-and an extra garage unit. This combination creates multiple income streams and strong long-term growth potential. A proven rental history delivers immediate stability, with opportunities to increase returns through modest improvements. Its true appeal lies in its adaptability. Maintain it as a high-performing residential multi-unit, enhance the commercial footprint, or transform the entire property into something new. Possibilities include a signature restaurant with rooftop seating, boutique mixed-use development, creative office space, upscale rentals, or a one-of-a-kind live/work concept. Located just steps from the Blue Line and close to premier dining, shopping, and nightlife, with easy access to the expressway and downtown, this location adds significant value. A rare chance to acquire a versatile asset in one of Chicago's fastest-growing and most sought-after neighborhoods-ready for your vision.

Listing Highlights

Status Active
Days on Site 16
Property Type Commercial Sale
MLS ® 12599833
Year Built 1900
Total Square Footage 5,850
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Gas,Steam
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 25X123
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $19,603
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 17053010450000
  • Tax Year: 2024

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1136 N Milwaukee Ave Chicago, IL 60642

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Originating MLS: mred

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