1474 North Milwaukee Avenue, Chicago, IL

$3,695,000

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About 1474 North Milwaukee Avenue

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.

Features of 1474 North Milwaukee Avenue

MLS® # 12472778
Price $3,695,000
Bathrooms 0.00
Acres 0.00
Year Built 1903
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1474 North Milwaukee Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 31
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeStar Realty & Management
Contact Info312-371-2564

Listing Map

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