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Listed by Tyler Weekesof Star Realty & Management
$3,695,000
Est. payment /mo
9,100 SqFt
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
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com