2912 N Milwaukee Avenue Chicago, IL ^$ 1,325,000

2912 N Milwaukee Avenue

^$ 1,325,000

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2912 N Milwaukee Avenue

Chicago, IL, 60618

^$ 1,325,000

Bedrooms-- Baths-- Sq 7,000

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Property for Rent in Chicago, IL

for $1,325,000. This 7,000 square foot property was built in 1903 on a lot size of 0.068871.

Versatile mixed-use property featuring one retail store, five apartments, five art studios, and a three-car garage. This property presents a strong return on investment and growth potential, especially with longer term tenants. Updated Living Spaces: Each apartment includes forced air heating, wood floors, renovated kitchens and bathrooms. Building: Newer metal back porch - newer windows - skylights, Additional Amenities: The building offers a laundry service for tenants and an unfinished basement for storage or development. Located on Milwaukee Avenue, the property is close to popular restaurants and bars, enhancing its appeal to tenants. It also provides easy access to public transportation with the Blue Line train station and bus routes nearby.

Rental Active

Price

^$ 1,325,000

Taxes

^$ 14,611

Style

Lot Size

0.068871

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12604432

Features

General

Cooling Window Unit(s)

Zoning MULTI

Construction Materials Brick

Year Built 1903

Electric Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat All Utilities

Stories Count 3

Property Subtype Mixed Use

Tax Year 2024

Gross Income 122760

County Cook

Insurance Expense 9560

Property Type Commercial Sale Mixed Use

Status New

Directions Milwaukee to Drake. Building is on the corner. Enter on the Drake side.

City Chicago

Number Of Units Total 6

MLS Area CHI - Avondale

Lot Size Square Feet 3000

Tax Annual Amount 14611

Electric Expense 200

Fuel Expense 0

Trash Expense 800

Water Sewer Expense 1800

Additional Parcels Y/N N

Virtual Tour https://myimageservices.com/2912-N-Milwaukee-Ave/idx

Lease Type Modified Gross

Standard Status Active

Exterior

Building Area Total 7000

Lot Dimensions 30 x 100

* Excluded Features

List By

Baird & Warner

Broker

melissa.stanley@bairdwarner.com; melissa@arthousechicago.com

Nearby

Trends
Schools

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
4/17/2026	$1,325,000		Listed Price

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2912 N Milwaukee Avenue, Chicago, IL, 60618 is a Property for Rent at $1,325,000 with 7,000 sqft and a lot size of 0.068871. 2912 N Milwaukee Avenue was built in 1903. The property's zip code is 60618 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.

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Data is updated as of 4/19/2026.

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2912 N Milwaukee Avenue

Property for Rent in Chicago, IL

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