$1,450,000
1850-52 N Milwaukee Avenue
Chicago, IL, 60647
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 +1,000 SF each and 2 top floor residential units at +1,000 SF each. Both res. units are 2 bed/1.1 bath with the possibility to add full and/or soft-lofted 3rd beds. Also included is 3 garage spaces and one outdoor parking space. All units have updated forced air, electric and plumbing. Long term tenants on currently low market rate leases with upcoming lease expirations for a generous future increased NOI. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 73,000/yr. Projected market rate gross income is estimated at 112,000/yr.
Property Details
Price:
$1,450,000
MLS #:
MRD12326632
Status:
Active
Beds:
0
Baths:
0
Address:
1850-52 N Milwaukee Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Apr 8, 2025
State:
IL
Finished Sq Ft:
4,534
Total Sq Ft:
4,534
ZIP:
60647
Year Built:
1900
Schools
Interior
Cooling
Central Air
Flooring
Wood
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$23,725
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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1850-52 N Milwaukee Avenue
Chicago, IL
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