Chicago, IL 60622,1474 N Milwaukee AVE
Chicago, IL 60622,1474 N Milwaukee AVE
Chicago, IL 60622,1474 N Milwaukee AVE
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$3,695,000
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9,100 SqFt
Active

1474 N Milwaukee AVE Chicago, IL 60622

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

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

Lot Dimensions 25X125

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

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Tyler Weekes of  Star Realty & Management 

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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