1259 N Milwaukee Avenue Chicago, IL ^$ 1,599,000

1259 N Milwaukee Avenue

^$ 1,599,000

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1259 N Milwaukee Avenue

Chicago, IL, 60622

^$ 1,599,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 9,976

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Commercial Property for sale in Chicago, IL

for $1,599,000. This building was built in 1930 on a lot size of 0.07174.

Fabulous 3-unit Mixed use building with 2 loft style residential units and 1 retail unit with long term tenant. Roof and tuckpointing been done in last 5-6 years as well as retail level fully rehabbed. Centrally located in the heart of Wicker Park along the bust Milwaukee Ave retail corridor. Steps to the blue line entry at Division Street and Ashland Ave. with access to Kennedy express way withing 1/4 mile and bus and Divvy stops right outside building. N issue leasing Area tenants include Dunkin Donuts, Jewel, Lowes, Pet Supplies Plus, Den Theater and many more.

Commercial Contingent

Price

^$ 1,599,000

Property Type

Commercial

Taxes

^$ 32,847

Style

Lot Size

0.07174

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12137613

Features

General

Cooling Central Individual

Year Built 1930

Electric Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat Scavenger Other

Stories Count 3

Property Subtype Mixed Use

Tax Year 2023

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Status Contingent

Directions On Milwaukee Ave north of Ashland Ave.

City Chicago

Number Of Units Total 3

MLS Area CHI - West Town

Lot Size Square Feet 3125

Tax Annual Amount 32847

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Lot Dimensions 25X125

* Excluded Features

List By

@Properties Commercial

Broker

ianfeinerman@atproperties.com

Affordability Calculator

$12,713

Per Month

Monthly Principal & Interest: $9,976
Monthly Property Taxes: $2,737
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 38%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2025	$1,599,000	-5.89%	Price Down
8/23/2024	$1,699,000		Listed Price

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1259 N Milwaukee Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $1,599,000 with a lot size of 0.07174. 1259 N Milwaukee Avenue was built in 1930. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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1259 N Milwaukee Avenue

Commercial Property for sale in Chicago, IL

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