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 | 38 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Star Realty & Management |
|---|---|
| Contact Info | 312-371-2564 |