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$850,000

  • For Sale
  • Active
  • Commercial
  • 4,500 Sq. Ft.
  • Updated 8 days ago
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Exceptional investment opportunity on bustling Milwaukee Avenue in a prime high-traffic business corridor! This solid brick mixed-use 3-story building features two commercial storefronts - one currently leased and one vacant. Above the commercial spaces are 2 spacious 6-room, 3-bedroom residential units featuring updated interiors, newer appliances. in-unit washer/dryers, and private rear decks. Additional improvements include newer windows, central A/C on the first and second floors, and all tenants pay their own utilities. Major capital improvements have already been completed, including a new roof and tuckpointing within the last two years. A well-maintained, property in an outstanding location with excellent visibility and strong street traffic.

Full Property Details for 2822 N Milwaukee Ave

General

  • Price: $850,000
  • Taxes: $13,082 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12658519
  • Updated: 6/8/2026
  • Added to Site: 14 day(s) ago

Interior

  • Interior Features: Storage Inside, Basement
  • Flooring: Concrete, Tile, Vinyl, Wood, Other

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: CHI - Avondale
  • County: Cook
  • Township: Jefferson
  • Driving Directions: From the intersection of Damen Ave & North Ave in Chicago: Head northwest on North Ave Turn right onto N Milwaukee Ave Continue northwest for about 1.5 miles Destination will be on your right at 2822 N Milwaukee Ave
  • Location Details: Chicago North, Chicago West, Chicago Northwest, Central Business District, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Ceiling Units, Forced Air

Utilities

  • Water: Community Water
  • Onsite: Electricity to Site, Natural Gas Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Concrete, Tile, Vinyl, Wood, Other
  • Stories/Levels: 3
  • Square Feet: 4,500
  • Current Bldg. Use: Commercial, Other
  • # of Stores: 2
  • Year Built: 1918
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 3
  • # Dryers: 1

Lot Features

  • Lot Size (Acres): 0.043
  • Lot Size (Sq. Ft.): 1,875
  • Lot Dimensions: 25 x 75
  • Frontage: City Street
  • Drainage: Floor Drains
  • Potential Use: Commercial, Multi-Family, Retail, Other

Financial Considerations

  • Lease Price: $13
  • Insurance Fee: $2,895
  • Operating Expenses: $8,000
  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 1918
  • Tax Amount: $13,082.8
  • Tax Year: 2025
  • Tenant Pays: Electricity, Heat

Disclosures and Reports

  • Property ID: 13262250580000

Listed by @properties Christie's International Real Estate

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— 2822 N Milwaukee Ave —

  • @properties Christie's International Real Estate

  • @properties Christie's International Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2822 N Milwaukee Ave

School District:Chicago Public School District 299
NameGradesDistance
Monroe Elementary School, Chicago, IL
3651 West Schubert Avenue, Chicago, IL 60647
PK-80.3 mi
Schurz High School
3601 North Milwaukee Avenue, Chicago, IL 60641
9-121.5 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 2822 N Milwaukee Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/02/2026
Listed
$850,000
52.6%
MLS
10/10/2017
Sold
$557,000
—
Public Record
Get Price Alerts and Save Property
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 for 2822 N Milwaukee Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,529
—
$59,000
31%
2023
$9,529
3%
$45,001
—
2022
$9,287
2%
$45,001
—
2021
$9,079
9%
$45,001
20%
2020
$8,361
-4%
$37,395
-13%
2019
$8,667
2%
$42,983
—
2018
$8,491
6%
$42,983
16%
2017
$7,998
49%
$37,153
—
2016
$5,370
4%
$37,153
—
2015
$5,161
1%
$37,153
13%
2014
$5,117
-14%
$32,742
—
2013
$5,955
1%
$32,742
—
2012
$5,875
—
$32,742
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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2822 N Milwaukee Avenue, Chicago, IL 60618 (MLS# 12658519) is a Commercial property. 2822 N Milwaukee Avenue is currently listed for $850,000 and was received on June 02, 2026. Want to learn more about 2822 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

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