1850-52 N Milwaukee AVE Chicago, IL 60647

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,534 sqft

Price per Sqft $319

MLS Listing ID 12326632

Year Built 1900

Annual Tax Amount $23,724

Tax Year 2023

Lot Dimensions 44X100

Property Sub-Type Mixed Use

Property Description

Rarely available, turnkey mixed-use building in the heart of Bucktown - a well-maintained, fully-rented trophy property for any investor. The building consists of 2 retail storefronts (chiropractor and sports performance) at +/- 1,200 SF each and 2 top floor residential units at +/- 1,200 SF each. Both residential units are 3 bed/1.1 bath. Also included is 3 garage spaces and two outdoor parking spaces. All units have updated forced air, electric and plumbing. Some tenants on currently low market rate leases with ability to increase future income. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 115,920/yr. Projected market rate gross income is estimated at 150,000/yr.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning RTAIL

Interior

Cooling Central Air

Flooring Wood

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick

Listed by John Federici • Compass

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106