705 N Milwaukee Avenue Chicago, IL $ 825,000
705 N Milwaukee Avenue
$ 825,000
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705 N Milwaukee Avenue

Chicago, IL, 60642
$ 825,000
Baths0.0 Sq 8,300

Monthly Estimate*

$ 5,763

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Studio

Commercial Property for sale in Chicago, IL

for $825,000. This 8,300 square foot building was built in 1950 on a lot size of 0.07.

Huge duplex down commercial condo in the heart of River West bordering the exploding West Loop, West Town, and Fulton Market neighborhoods! This beautifully rehabbed unit was updated in 2021 and boasts 2 floors, a well thought out floor plan, and beautiful finishes. The open concept first floor has hardwood floors, dramatic ceiling height, tons of natural light, a snack station, extra storage areas, and a bathroom. The lower level layout was expertly designed with a gathering area, a gorgeous glass enclosed conference room and office, kitchen, bathroom, and hidden server room. Floor to ceiling windows on the first floor allow tons of light to both levels through the large atrium. There's space for 3 parking spots in the rear of the building. The property is located in a highly dense residential and commercial area with strong vehicular traffic counts. Area tenants include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks, Erie Street Auto Body, and many more. You're only 2 blocks to the Blue Line L stop and access to Kennedy Expressway. This is the perfect space to showcase your business!

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Commercial Active

Price

$ 825,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 23,369

Style

Commercial

Lot Size

0.07

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11803365

Features
General
Cooling Central Air Central Individual
Zoning COMMR
Construction Materials Brick Stone
Year Built 1950
Electric Separate Meters
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Scavenger Tax Stops Sewer Other
Stories 2
Township West Chicago
Property SubType Office
Tax Year 2021
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Possible Use Commercial
Status Active
Directions Milwaukee Ave. between Ogden and Grand
City Chicago
Total Units 1
MLS Area CHI - West Town
Lot Size Square Feet 2847
Street Name Milwaukee
Tax Annual Amount 23369
Additional Parcels Y/N N
Leasable Area 0
Virtual Tour https://tour.vht.com/434307420/IDXS
Days on Market 294
Standard Status Active
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Interior
Flooring Wood Other
Street Suffix Avenue
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Exterior
Foundation Details Brick/Mortar
Building Area Total 8300
Lot Dimensions 25 X 110 X 26 X 118
Lot Size Acres 0.07
Frontage Type City Street
Exterior Brick Stone
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* Excluded Features
List By
Compass

Broker

tom.wagner@compass.com

Email

Affordability Calculator

$7,710
Per Month
75%
25%
0%
Monthly Principal & Interest
$5,763
Monthly Property Taxes
$1,947
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2023$825,000 Listed Price

Map


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705 N Milwaukee Avenue, Chicago, IL, 60642 is a Commercial Property for sale at $825,000 with 8,300 sqft and a lot size of 0.07. 705 N Milwaukee Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 60642 which is in Chicago, IL