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1472 N Milwaukee Avenue, Chicago, IL 60622
$1,640,000
1472 N Milwaukee Avenue, Chicago, IL 60622View this property at 1472 N Milwaukee Avenue, Chicago, IL 60622
1472 N Milwaukee AvenueChicagoIL60622
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Property Description
Retail space : Existing tenant is below market and is cancellable with 120 days notice.Space is being marketed presently for an increase in retail income, $60 NNN. Open floorplan with full high/dry attached basement. Apartments above are spacious, 1500 sq.ft, with three bedrooms, & two baths including a primary suite. Open living /dining / kitchen concept with attached deck. Entire interior was gutted and redone in 2010-2012 and has been updated and maintained since then. Well managed with stable tenants. Easy turn key operation. There are 6 tandem parking spots at the rear of the building that could create more income. Chicago Landmarks gave the development a Preservation Excellence Award for the restoration of the facade.Turn key property.
Full Property Details
Full Property Details for 1472 N Milwaukee Ave
General
- Sold For: $1,640,000
- Taxes: $25,470 (2021)
- Status: Closed
- Type: Store
- MLS ID: 11842427
- Added to Site: 293 day(s) ago
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Other
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: North on Milwaukee from Division to 1472
- Location Details: Chicago North, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Water to Site
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick
- Foundation: Concrete Perimeter, Stone
- Roof: Rubber
- Sub-Flooring: Wood
- Stories/Levels: 4
- Square Feet: 7,400
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
- # Dryers: 3
Lot Features
- Lot Size (Sq. Ft.): 3,112
- Lot Dimensions: 25 x 124.50
- Frontage: City Street
- Drainage: Storm Sewers
- Potential Use: Retail, Other
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $41,231
- Security Deposit: Other
- Assessment Year: 1890
- Tax Amount: $25,470
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
Disclosures and Reports
- Property ID: 17062080470000
Listed by Jameson Sotheby's Intl Realty
Sold by Keller Williams ONEChicago
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Schools
Schools serving 1472 N Milwaukee Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2009 W Schiller St, Chicago, IL 60622 | PK-8 | 0.2 mi | |
1147 N Western Ave, Chicago, IL 60622 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1472 N Milwaukee Ave
Date
Details
Price
Change
Source
1/19/2024
Sold
$1,640,000
-3.24%
MLS
11/16/2023
Price Reduced
$1,695,000
-3.14%
MLS
9/27/2023
Price Reduced
$1,750,000
-6.17%
MLS
7/25/2023
Listed
$1,865,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1472 N Milwaukee Avenue, Chicago, IL 60622 (MLS# 11842427) is a Store property that was sold at $1,640,000 on January 19, 2024. Want to learn more about 1472 N Milwaukee Avenue? Do you have questions about finding other Store 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.