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    1132 N Milwaukee Ave Chicago, IL 60642

    For Sale
    $395,000

    Condominium - Chicago, IL

    Type:Condominium
    Days on Market:
    138
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 1132 N Milwaukee Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Standard status
    Active
    Zoning
    COMMR
    APN
    17053010601007

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2001
    Number of units
    1
    Roof type
    Composition
    Architectural style
    Other

    4 Sale Realty Advantage, Inc (847) 601-9359 [email protected]

    Listing agent Daniel Nierman (847) 601-9359 License #471018942

    Listing date Jul 24, 2025

    MLS# 12277437 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wicker Park Retail Condo For Sale

    This 1,400 square foot retail condominium is located in the Wicker Park neighborhood. The property is currently leased to a restaurant tenant who has been in place since 2009, with two lease renewals. Only the real estate is being sold, not the business. The property is located in a prime area that has seen significant development in recent years, making it a long-term investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kin Sushi & Thai ... Asian Restaurant 1132 N Milwaukee ... Association Or Organization

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6651154
    Latitude
    41.9021407

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    FAQs

    What type of property is this?
    Retail space - Retail condo in Wicker Park, leased to long-term restaurant tenant.
    Where is this retail space located?
    The property is located at 1132 N Milwaukee Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime Wicker Park location experiencing significant development.; - Long-term investment opportunity (real estate only).; - 1,400 SF retail condo.
    (847) 601-9359
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    1132 N Milwaukee Ave Chicago, IL 60642
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    Chicago, IL 60642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1132 N Milwaukee Ave Chicago, IL 60642
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