This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$2,750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Pleased to offer for sale a beautiful, fully leased, mixed-use building on Chicago's thriving Wicker Park neighborhood. This four-story property consists of 17 apartments and a ground floor +/- 1,790 SF retail space. This property, which has historically had full occupancy, also offers a value-add opportunity with light rehab of the apartments and turnover of an under-market retail space. The apartment unit mix consists of thirteen two-room studios, three one-room studios and one-three room one bedroom, all of which are very sought after by residential tenants due to limited supply. The commercial tenant, "Wanna Vintage", has a short-term lease that affords the ability to increase the rent on the commercial space. Incredible retail corridor with dozens of immediate area high-traffic shops and eateries including Lululemon, Urban Outfitters, Starbucks, Piece Pizzeria, Cava, Jeni's Ice Cream, Walgreens, Barnes & Noble, Paulie Gee's Pizza, Potbelly, Chipotle, Big Star, Etta and many others. Conveniently located steps to the CTA Damen Blue Line station and many area buses. This is a rare opportunity to own a fully-stabilized apartment/retail investment property in one of Chicago's most popular and sought-after sub-markets for residents, retailers and investors.
Full Property Details
Full Property Details for 1555 N Milwaukee Ave
General
- Sold For: $2,750,000
- Taxes: $28,947 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12351126
- Added to Site: 262 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: On N Milwaukee Ave near Damen/North/Milwaukee Intersection
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Radiators
Structural Information
- Stories/Levels: 4
- # of Stores: 1
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 17
- Units w/Range/Oven: 17
Lot Features
- Lot Size (Sq. Ft.): 2,950
- Lot Dimensions: 25 x 118
Financial Considerations
- Operating Expenses: $101,164
- Security Deposit: Other
- Assessment Year: 1920
- Tax Amount: $28,947
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17062000050000
Listed by Sperry Van Ness
Get Pre-Approved Today
Schools
Schools serving 1555 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burr Elementary School, Chicago, IL 1621 West Wabansia Avenue, Chicago, IL 60622 | PK-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.9 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 1555 N Milwaukee Ave
Date
Details
Price
Change
Source
7/24/2025
Sold
$2,750,000
-5.17%
MLS
4/29/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1555 N Milwaukee Avenue, Chicago, IL 60622 (MLS# 12351126) is a Commercial property that was sold at $2,750,000 on July 24, 2025. Want to learn more about 1555 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.


