$1,400,000

Est. payment -/mo

$1,450,000

3.4%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1850-52 N Milwaukee AVE Chicago, IL 60647

4,534 SqFt

SOLD DATE : 10/03/2025

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,534 sqft

Price per Sqft $308

MLS Listing ID 12326632

Year Built 1900

Annual Tax Amount $23,724

Tax Year 2023

Property Sub-Type Mixed Use

Property Description

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 +/- 1,200 SF each and 2 top floor residential units at +/- 1,200 SF each. Both residential units are 3 bed/1.1 bath. Also included is 3 garage spaces and two outdoor parking spaces. All units have updated forced air, electric and plumbing. Some tenants on currently low market rate leases with ability to increase future income. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 115,920/yr. Projected market rate gross income is estimated at 150,000/yr.