Chicago, IL 60622,1555 N Milwaukee Avenue
Chicago, IL 60622,1555 N Milwaukee Avenue
Chicago, IL 60622,1555 N Milwaukee Avenue
Chicago, IL 60622,1555 N Milwaukee Avenue
Chicago, IL 60622,1555 N Milwaukee Avenue
Chicago, IL 60622,1555 N Milwaukee Avenue
Amber Holup
Amber Holup

+1(708) 870-6835

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$ 2,750,000

$ 2,900,000 5.2%

Est. payment | /mo

$ 2,750,000

$ 2,900,000 5.2%

Est. payment | /mo

Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12351126

Sold Date 07/24/25

Year Built 1920

Annual Tax Amount $28,947

Tax Year 2023

Lot Dimensions 25 X 118

Property Sub-Type Mixed Use

Property Description

Pleased to offer for sale a beautiful, fully leased, mixed-use building on Chicago's thriving Wicker Park neighborhood. This four-story property consists of 17 apartments and a ground floor +/- 1,790 SF retail space. This property, which has historically had full occupancy, also offers a value-add opportunity with light rehab of the apartments and turnover of an under-market retail space. The apartment unit mix consists of thirteen two-room studios, three one-room studios and one-three room one bedroom, all of which are very sought after by residential tenants due to limited supply. The commercial tenant, "Wanna Vintage", has a short-term lease that affords the ability to increase the rent on the commercial space. Incredible retail corridor with dozens of immediate area high-traffic shops and eateries including Lululemon, Urban Outfitters, Starbucks, Piece Pizzeria, Cava, Jeni's Ice Cream, Walgreens, Barnes & Noble, Paulie Gee's Pizza, Potbelly, Chipotle, Big Star, Etta and many others. Conveniently located steps to the CTA Damen Blue Line station and many area buses. This is a rare opportunity to own a fully-stabilized apartment/retail investment property in one of Chicago's most popular and sought-after sub-markets for residents, retailers and investors.

Location

State IL

County Cook

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Listed by Wayne Caplan • Sperry Van Ness
Bought with Kelly Wong • Coldwell Banker Realty
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amber@thehnghomes.com

9755 W 143rd St., Park, IL

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1555 N Milwaukee Avenue

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