For more information regarding the value of a property, please contact us for a free consultation.
1472 N Milwaukee Avenue Chicago, IL 60622
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,640,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $221
MLS Listing ID 11842427
Sold Date 01/19/24
Year Built 1890
Annual Tax Amount $25,470
Tax Year 2021
Lot Dimensions 25 X 124.50
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.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter, Stone
Structure Type Brick,Stone
Read Less
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Dennis Huyck • Keller Williams ONEChicago
GET MORE INFORMATION