No photo available
$1,450,000 Just Listed
Property Description
Ever dreamed of owning the loft from the movie BIG, but bigger and cooler?!?! Absolute unicorn of a property in River West right next to the Blue Line! Offered FULLY FURNISHED and zoned commercial. This stand alone property currently serves as a very profitable Airbnb with potential to serve as a stand-alone single family, live-work, long or short-term furnished rental, social media influencer content space, art gallery, professional/creative space and/or showroom, retail, ghost kitchen/food or drink establishment (subject to zoning and/or variance), private social club, corporate off/on-site for work or housing. The possibilities are absolutely endless! 3,208 interior/liveable square feet between the main level and loft space, plus a 2,522 SF full unfinished basement for storage needs or potential added finished square footage. Plus, a fully unfinished private rooftop with brand new roof. Brand new dual zoned HVAC system. One rental space is included in the attached parking lot next door for $300/month. Additional rental parking available. Cash or commercial financing. Perfect for an end-user of investor. Land is buildable for one retail space and three residential units. Current building is highest and best use. Great institutional hold as well for various uses.
Full Property Details
Full Property Details for 815 N Milwaukee Ave
General
- Price: $1,450,000
- Taxes: $18,995 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12704009
- Updated: 7/15/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 1
- Parking Features: Assigned, Off-Street, Yes, Leased
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: MILWAUKEE AVE JUST NORTH OF CHICAGO AVE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 3,208
- Sq. Ft. Source: Estimated
- Year Built: 1916
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 100
Financial Considerations
- Assessment Year: 1916
- Tax Amount: $18,995.27
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17054160090000
Listed by Compass
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 815 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 1.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.6 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 815 N Milwaukee Ave
Date
Details
Price
Change
Source
7/14/2026
Listed
$1,450,000
40.1%
MLS
5/26/2022
Sold
$1,035,000
—
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 815 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$21,274
—
$90,250
-6%
2023
$21,274
3%
$96,523
—
2022
$20,671
2%
$96,523
—
2021
$20,204
52%
$96,523
69%
2020
$13,315
13%
$57,000
—
2018
$11,824
-2%
$57,000
—
2019
$12,005
2%
$57,000
9%
2017
$11,810
7%
$52,062
—
2016
$10,995
9%
$52,062
—
2015
$10,133
-2%
$52,062
—
2014
$10,288
2%
$52,062
—
2013
$10,120
3%
$52,062
—
2012
$9,833
—
$52,062
—
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 815 N Milwaukee Ave
815 N Milwaukee Avenue, Chicago, IL 60642 (MLS# 12704009) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 815 N Milwaukee Avenue is currently listed for $1,450,000 and was received on July 14, 2026. Want to learn more about 815 N Milwaukee Avenue? Do you have questions about finding other Single Family 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.
