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$1,599,000
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Property Description
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.
Full Property Details
Full Property Details for 1259 N Milwaukee Ave
General
- Price: $1,599,000
- Taxes: $32,847 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12137613
- Updated: 1/15/2026
- Added to Site: 512 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: On Milwaukee Ave north of Ashland Ave.
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
Financial Considerations
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1930
- Tax Amount: $32,847
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Other
Disclosures and Reports
- Property ID: 17062320180000
Listed by @properties Commercial
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Schools
Schools serving 1259 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lozano Elementary Bilingual & Intl Center 1501 North Greenview Avenue, Chicago, IL 60642 | PK-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1259 N Milwaukee Ave
Date
Details
Price
Change
Source
2/07/2025
Price Reduced
$1,599,000
-5.89%
MLS
8/23/2024
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1259 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$32,848
3%
$151,000
—
2022
$31,932
2%
$151,000
—
2021
$31,213
65%
$151,000
83%
2020
$18,939
—
$82,463
-10%
2019
$18,981
2%
$91,626
—
2018
$18,670
-8%
$91,626
1%
2017
$20,199
7%
$90,807
—
2016
$18,867
9%
$90,807
—
2015
$17,297
23%
$90,807
24%
2014
$14,114
2%
$73,055
—
2013
$13,878
1%
$73,055
—
2012
$13,733
—
$73,055
—
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 1259 N Milwaukee Ave
1259 N Milwaukee Avenue, Chicago, IL 60622 (MLS# 12137613) is a Commercial property. 1259 N Milwaukee Avenue is currently listed for $1,599,000 and was received on August 23, 2024. Want to learn more about 1259 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.

