Date
Details
Price
Change
Source
12/27/2025
Listed
$32
—
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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1/18
$32
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1/18
Property Description
Welcome to 1261 N Paulina #1 / 1289 N Milwaukee Ave #1 - this huge retail space is available after many years an an optical office, and now can be transformed into a bright and amazing commercial store, perfect for a retail store, co-working space, restaurant/cafe, book store, or a ton of other uses. The property boasts tall ceilings, large windows, and 2000 total square feet (including main first floor and open basement) - the possibilities are endless!
Full Property Details
Full Property Details for 1261 N Paulina St #1
General
- Price: $32
- Taxes: $12,135 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12537059
- Updated: 1/2/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Accessible Entrance
- Flooring: Carpet
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Property is on the corner of Milwaukee and Paulina on South Side of Street. Retail address shows 1289 N Milwaukee Ave, but actual building address is 1261 N Paulina. Head northwest on Milwaukee from Ashland to Paulina. Property on South Side of Milwaukee Ave on Corner.
- Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, Enterprise Zone, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 10
- Sub-Flooring: Carpet
- Stories/Levels: 8
- Current Bldg. Use: Commercial, Office
- Year Built: 1913
Unit Information
- # Tenants: 1
Lot Features
- Frontage: City Street
- Drainage: None
- Zoning: RTAIL
Financial Considerations
- Lease Price: $32
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1913
- Tax Amount: $12,135.26
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Insurance, Varies by Tenant, All Utilities
Listed by Urban Homes LLC
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Schools
Schools serving 1261 N Paulina St #1
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pritzker Elementary School 2009 West Schiller Street, Chicago, IL 60622 | K-8 | 0.5 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 1261 N Paulina St #1
Estimate the Cost
Estimate the Cost for 1261 N Paulina St #1
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,187Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,110Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 1Total Bath
- 2,000Sq. Ft.
1261 N Paulina Street #1, Chicago, IL 60622 (MLS# 12537059) is a Commercial Lease property. 1261 N Paulina Street #1 is currently listed for $32 and was received on December 27, 2025. Want to learn more about 1261 N Paulina Street #1? Do you have questions about finding other Commercial Lease 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.