1474 N Milwaukee Avenue Chicago, IL $ 3,600,000
1474 N Milwaukee Avenue
$ 3,600,000
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1474 N Milwaukee Avenue

Chicago, IL, 60622
$ 3,600,000
Bedrooms-- Baths-- Sq 9,100

Monthly Estimate*

$ 24,864

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Commercial Property for sale in Chicago, IL

for $3,600,000. This 9,100 square foot building was built in 1903 on a lot size of 0.07174.

1474 N. Milwaukee Ave is a 9,300 SF, three-story mixed-use building ideally located in Chicago's highly coveted Wicker Park neighborhood. The Property features a ground-floor retail space leased to BODYBAR Pilates on a 10-year net lease with 2.5% annual rent escalations, delivering secure long-term cash flow. The upper floors comprise three oversized luxury apartments: one 3-bed / 2-bath unit, one 4-bed / 4-bath duplex, and one 2-bed / 2-bath unit. All residences were recently renovated with condo-quality finishes, modern kitchens, and brand-new bathrooms, appealing to today's discerning renters. Wicker Park has evolved into one of Chicago's most desirable residential and retail destinations, known for its high-street shopping, thriving restaurant scene, and strong demographics. The Property offers outstanding connectivity just steps from the CTA Damen Blue Line, near the Kennedy Expressway (I-90/94), and adjacent to The 606 elevated park.

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Commercial Active

Price

$ 3,600,000

Property Type

Commercial

Taxes

$ 42,438

Style

Lot Size

0.07174

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12788424

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1903
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Gross Income 376986
County Cook
Net Operating Income 269749
Operating Expense 107237
Insurance Expense 6757
Property Type Commercial Sale Mixed Use
Status New
Directions Just south of six-corner intersection at Damen North and Milwaukee Avenues
City Chicago
Number Of Units Total 4
MLS Area CHI - West Town
Lot Size Square Feet 3125
Tax Annual Amount 42438
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3278
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.45
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Exterior
Building Area Total 9100
Lot Dimensions 25X125
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* Excluded Features
List By
Star Realty & Management

Broker

tylerjamesweekes@gmail.com

Email

Affordability Calculator

$28,401
Per Month
88%
12%
0%
Monthly Principal & Interest
$24,864
Monthly Property Taxes
$3,537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$3,600,000 Listed Price

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1474 N Milwaukee Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $3,600,000 with 9,100 sqft and a lot size of 0.07174. 1474 N Milwaukee Avenue was built in 1903. The property's zip code is 60622 which is in Chicago, IL