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1136 N Milwaukee Avenue Chicago, IL 60642

$1,499,900
New / MLS# 12599833 / Commercial - Retail / Chicago
0 Beds
5850 SqFt

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.

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Property Details

Property Type: Commercial - Retail
Cooling: Window Unit(s)
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $20,322
Year Built: 1900

Feature Descriptions

Electric: Other
Exterior: Brick
Fire Protection: Other
HVAC: Gas, Steam
Lot Dimensions: 25X123
Parcel#: 17053010450000
Potential Use: Commercial, Multi-Family, Single Family, Retail
Tenant Pays: Electricity
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: eXp Realty

Listing Office Phone: 888-574-9405



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