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$1,349,000
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Property Description
1 story Commercial Masonry retail building for sale, Extremely Rare offering here, Right on the Hard stoplight corner of Sunnyside and Milwaukee Prime development opportunity, Exceptional Location. Building is 8223 SQ FT, Landsite is 15,331, B3-1 zoning, Approx. 142.91 sq ft of Frontage on Milwaukee, Building is currently built out as a retail store. Featuring an office, two retail areas, two rear storage areas, 1 rear warehouse. 1 large rear parking lot. 16 FT, 1 Drive in Door (DID) Measuring 12x12, 1 curb cut On Sunnyside Lot Dimensions are approx 142.91 X 145.96 X 64.12 X 124.93, Clean EPA Records, IDOT traffic count VPD 13600 Great visibility - The Building has a Great signage area, classic facade, 200 Amp electric, Great paved rear parking lot for about 25 cars, Indoor warehouse with 1 DID, parking for about 8 cars or vans, There are many opportunities for this prime Parcel and offers a multitude of opportunities for land developers, Spectacular property. Great for Commercial Development or use for a Commercial/ Residential mixed use, Close to Public transportation, Bus Ideal for a variety of commercial uses, Owner user or Investment, Office or professional use, Atty, Architect Accountant, Medical, Podiatrist, Physiatrist, real estate, Mortgage, insurance Possible contractor Use, retail, School, Or you can redevelop, Near public transportation, Bus and train. The property presents the unique opportunity to acquire a stand-alone Commercial building with a rear parking lot in Surrounding Area companies and business include. Lucky Grill, Windsor Tavern and Grill, Chicago Sip & Paint, Moonflower, ICA Cabinet, RPN Sales & Auction House Do not Bother tenant, Call listing broker for showings.
Full Property Details
Full Property Details for 4508 N Milwaukee Ave
General
- Price: $1,349,000
- Taxes: $37,155 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12446470
- Updated: 8/29/2025
- Added to Site: 147 day(s) ago
Interior
- Interior Features: Heavy Floor Load, Overhead Door(s), Private Restroom(s), Storage Inside
- Flooring: Carpet, Tile, Varies
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Hydrants on Site
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: Lawrence to Milwaukee, south to address. Or Montrose to Milwaukee, north to address, stoplight corner - northwest corner
- Location Details: Central Business District, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Central Building Heat, Forced Air
Utilities
- Water: Community Water, Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Ceiling Height: 14
- Drive-In Doors: 1
- Sub-Flooring: Carpet, Tile, Varies
- Stories/Levels: 1
- Square Feet: 8,228
- Current Bldg. Use: Commercial
- Year Built: 1918
Lot Features
- Lot Size (Sq. Ft.): 15,331
- Lot Dimensions: 142.91 x 145.96 x 64.12 x 124.93
- Frontage: City Street, County Road, Public Road, Signal Intersection, State Road, Paved
- Drainage: Drain Tiles, Floor Drains, Storm Sewers
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site
- Assessment Year: 1918
- Tax Amount: $37,155
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Floor Plan, Tax Bill
- Property ID: 13161210180000
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Schools
Schools serving 4508 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Portage Park Elementary School 5330 West Berteau Avenue, Chicago, IL 60641 | PK-8 | 0.4 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.5 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 4508 N Milwaukee Ave
Date
Details
Price
Change
Source
8/23/2025
Listed
$1,349,000
92.71%
MLS
3/29/2004
Sold
$700,000
—
Public Record
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 4508 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$37,154
3%
$176,096
—
2022
$36,220
2%
$176,096
—
2021
$35,411
10%
$176,096
22%
2020
$32,077
11%
$143,990
—
2019
$28,929
2%
$143,990
—
2018
$28,443
-3%
$143,990
5%
2017
$29,463
7%
$136,866
—
2016
$27,413
9%
$136,866
—
2015
$25,080
-1%
$136,866
—
2014
$25,394
2%
$136,867
—
2013
$24,893
1%
$136,867
—
2012
$24,560
—
$136,867
—
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 4508 N Milwaukee Ave
4508 N Milwaukee Avenue, Chicago, IL 60630 (MLS# 12446470) is a Commercial property. 4508 N Milwaukee Avenue is currently listed for $1,349,000 and was received on August 23, 2025. Want to learn more about 4508 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

