Date
Details
Price
Change
Source
3/31/2026
Listed
$1,499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$1,499,900 Just Listed
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1/20
Property Description
Well-kept mixed-use property in the highly desirable East Wicker Park / West Town corridor. Situated on bustling Milwaukee Ave near Division, this B3-2 zoned building provides excellent opportunities for investors, developers, or owner-occupiers. The property features a spacious commercial area with soaring ceilings, four residential units above-also with high ceilings-and an extra garage unit. This combination creates multiple income streams and strong long-term growth potential. A proven rental history delivers immediate stability, with opportunities to increase returns through modest improvements. Its true appeal lies in its adaptability. Maintain it as a high-performing residential multi-unit, enhance the commercial footprint, or transform the entire property into something new. Possibilities include a signature restaurant with rooftop seating, boutique mixed-use development, creative office space, upscale rentals, or a one-of-a-kind live/work concept. Located just steps from the Blue Line and close to premier dining, shopping, and nightlife, with easy access to the expressway and downtown, this location adds significant value. A rare chance to acquire a versatile asset in one of Chicago's fastest-growing and most sought-after neighborhoods-ready for your vision.
Full Property Details
Full Property Details for 1136 N Milwaukee Ave
General
- Price: $1,499,900
- Taxes: $19,603 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12599833
- Updated: 4/1/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: From downtown (The Loop), head northwest on N Milwaukee Ave for approximately 2-3 miles. The property is just north of W Division St on the west side of the street. Easily accessible via I-90/94 (Kennedy Expressway)-exit at Division St or North Ave and proceed to Milwaukee Ave. Nearby CTA Blue Line stop at Division is within a short walk.
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Steam
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 5,850
- # of Stores: 1
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,082
- Lot Dimensions: 25 x 123
- Potential Use: Commercial, Multi-Family, Single Family, Retail
Financial Considerations
- Insurance Fee: $4,500
- Operating Expenses: $32,050
- Other Fee: $7,800
- Security Deposit: Other
- Assessment Year: 1900
- Tax Amount: $19,603.24
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 17053010450000
Listed by eXp Realty
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Listing agent
— 1136 N Milwaukee Ave —
eXp Realty
(312) 888-9395
NMLS#: 1598647
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Schools
Schools serving 1136 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.7 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1136 N Milwaukee Ave
Tax History
Tax History for 1136 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,322
3%
$96,029
—
2022
$19,751
-12%
$96,029
-13%
2021
$22,321
49%
$111,000
65%
2020
$14,950
-1%
$67,109
-11%
2019
$15,150
2%
$75,404
—
2018
$14,895
44%
$75,404
57%
2017
$10,317
4%
$47,927
-3%
2016
$9,931
—
$49,582
-9%
2015
$9,963
25%
$54,369
27%
2014
$7,949
2%
$42,841
—
2013
$7,792
-14%
$42,841
-15%
2012
$9,049
—
$50,428
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1136 N Milwaukee Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 1Total Bath
- 1,500Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,625Sq. Ft.
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1136 N Milwaukee Avenue, Chicago, IL 60642 (MLS# 12599833) is a Commercial property. 1136 N Milwaukee Avenue is currently listed for $1,499,900 and was received on March 31, 2026. Want to learn more about 1136 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.