4746-48 N Milwaukee Avenue Chicago, IL ^$ 650,000

4746-48 N Milwaukee Avenue

^$ 650,000

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4746-48 N Milwaukee Avenue

Chicago, IL, 60630

^$ 650,000

Bedrooms-- Baths-- Sq 4,572

Monthly Estimate*

^$ 4,002

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Commercial Property for sale in Chicago, IL

for $650,000. This 4,572 square foot building was built in 1966 on a lot size of 0.108884.

This custom-built corner building has plenty of room for commercial space on the first floor with added addition of 5 residential units upstairs for plenty of additional income! On the first floor a law office currently occupies one of the units and the second unit has multiple offices built out for multiple tenants. Upstairs there are 5 total residential units, 3 studio apartments which are all under rented and add a lot of added value. Two of the three studios are rented MTM at $600 and $500, unit 4 is a studio + den which is currently rented MTM at $675 and unit 1 is the largest as a 1 bedroom which is MTM at $950. Lots of value add here! There are 3 tandem parking spaces for a total of 6 cars in the parking lot.

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 11,652

Style

Commercial

Lot Size

0.108884

Year Built

1966

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12408444

Features

General

Cooling Central Air

Construction Materials Brick Concrete Block

Year Built 1966

Electric Circuit Breakers Separate Meters

Stories Count 2

Tax Year 2024

Current Use Commercial

Gross Income 39600

County Cook

Insurance Expense 6678

Property Type Commercial Sale Mixed Use

Status New

Directions Milwaukee south east of Lawrence on west side of street

City Chicago

Number Of Units Total 7

MLS Area CHI - Portage Park

Lot Size Square Feet 4743

Tax Annual Amount 11652

Electric Expense 2290

Fuel Expense 4323

Trash Expense 1544

Water Sewer Expense 3219

Additional Parcels Y/N N

Standard Status Active

Total Actual Rent 0

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4572

Lot Dimensions 46X125X30X125

* Excluded Features

List By

Compass

Broker

matt.mika@compass.com

Affordability Calculator

$4,973

Per Month

Monthly Principal & Interest: $4,002
Monthly Property Taxes: $971
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$960,405

Percent of Sale Price 48%

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

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Pricing History

Date	Price	Price Change	Description
2/19/2026	$650,000		Listed Price

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4746-48 N Milwaukee Avenue, Chicago, IL, 60630 is a Commercial Property for sale at $650,000 with 4,572 sqft and a lot size of 0.108884. 4746-48 N Milwaukee Avenue was built in 1966. The property's zip code is 60630 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 2/25/2026.

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4746-48 N Milwaukee Avenue

Commercial Property for sale in Chicago, IL

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