Chicago, IL 60622,1050 N MILWAUKEE AVE
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Chicago, IL 60622,1050 N MILWAUKEE AVE
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Karen Arenson

Karen Arenson

Engel & Völkers

+1(773) 501-6201
$ 749,900
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1050 N MILWAUKEE AVE Chicago, IL 60622


UPDATED:

02/13/2025 04:46 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12289618

Year Built 1998

Annual Tax Amount $12,485

Tax Year 2023

Lot Dimensions 24X54X32X75

Property Sub-Type Mixed Use

Property Description

Value is in the B3-3 zoned lot. Possible construction of 4 units max in a 5384 sf building w/ minimum 800 sf ground floor commecial with 1600 sf of FAR on first floor, 1260 sf gross per floor in a 4 story building 3 units at 1000 sf net each. First floor restaurant is now vacant (with leftover equipment), and the second floor offers a spacious 3 bedroom 1 bathroom apartment that is currently rented on a M/M basis.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Roof Type Rubber

Building

Dwelling Type Mixed Use

Level or Stories 2


Midwest Real Estate Data (MRED) IDX
Listed by Mark Pieczka • Homeland Sales and Development
agent

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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1050 N MILWAUKEE AVE