1474 N Milwaukee AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60622
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,100 sqft
Price per Sqft $406
MLS Listing ID 12472778
Year Built 1903
Annual Tax Amount $35,785
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
1474 N. Milwaukee Ave is a 9,100 SF, three-story mixed-use building ideally located in Chicago's highly coveted Wicker Park neighborhood. The Property features a ground-floor retail space leased to BODYBAR Pilates on a 10-year net lease with 2.5% annual rent escalations, delivering secure long-term cash flow. The upper floors comprise three oversized luxury apartments: one 3-bed / 2-bath unit, one 4-bed / 4-bath duplex, and one 2-bed / 2-bath unit. All residences were recently renovated with condo-quality finishes, modern kitchens, and brand-new bathrooms, appealing to today's discerning renters. Wicker Park has evolved into one of Chicago's most desirable residential and retail destinations, known for its high-street shopping, thriving restaurant scene, and strong demographics. The Property offers outstanding connectivity just steps from the CTA Damen Blue Line, near the Kennedy Expressway (I-90/94), and adjacent to The 606 elevated park.
Location
State IL
County Cook
Area Chi - West Town
Zoning COMMR
Interior
Cooling Central Air
Building
Dwelling Type Mixed Use
Structure Type Brick