Mixed-Use Property in Prime
1136 N Milwaukee Avenue, Chicago, IL 60642
- Added:
- Mar 31, 2026
- Days on Market:
- 49
- Last Refresh:
- May 18 at 7:06 pm
Property Features for 1136 N Milwaukee Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 17053010450000
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 19603
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 5
- Building materials
- Brick
Listing agent Ryan Casper License #475121977 (888) 574-9405
Listing office eXp Realty 6348 N. Cicero Ave #202, Chicago, IL (888) 574-9405
Listing date Mar 31, 2026
MLS# 12599833
Copyright © 2026 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.
HighLights
- Prime Location: Situated on Milwaukee Ave in the East Wicker Park/West Town corridor, near Division, with proximity to the Blue Line, dining, shopping, nightlife, expressway, and downtown.
- Mixed‑Use Property: B3‑2 zoning allows for diverse opportunities for investors, developers, or owner‑occupiers.
- Multiple Income Streams: Features a commercial space, four residential units, and a garage unit for diverse rental income.
- High Ceilings in the commercial area and residential units.
- Adaptability and Potential: Offers opportunities to maintain as a multi‑unit, enhance the commercial space, or redevelop into a restaurant, boutique mixed‑use, office space, or live/work concept.
- Proven Rental History: Provides immediate stability with opportunities to increase returns through improvements.
Overview
This well-kept mixed-use property is located in the East Wicker Park/West Town corridor. Situated on Milwaukee Ave near Division, the B3-2 zoned building offers opportunities for investors, developers, or owner-occupiers. The property includes a commercial area with high ceilings, four residential units above that also feature high ceilings, and a garage unit. This combination provides multiple income streams and long-term growth potential. The property has a rental history and opportunities to increase returns through improvements. It can be maintained as a high-performing residential multi-unit, the commercial footprint can be enhanced, or the entire property can be transformed. Potential uses include a restaurant with rooftop seating, boutique mixed-use development, creative office space, upscale rentals, or a live/work concept. The property is located steps from the Blue Line and close to dining, shopping, and nightlife, with access to the expressway and downtown. The lot size is 0.0708 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kismet Studio
Exhibit
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6652196
- Latitude
- 41.9022078
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Versatile investment property in East Wicker Park/West Town corridor.
Where is this mixed-use property located?
The property is located at 1136 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Prime Location: Situated on Milwaukee Ave in the East Wicker Park/West Town corridor, near Division, with proximity to the Blue Line, dining, shopping, nightlife, expressway, and downtown.; Mixed‑Use Property: B3‑2 zoning allows for diverse opportunities for investors, developers, or owner‑occupiers.; Multiple Income Streams: Features a commercial space, four residential units, and a garage unit for diverse rental income.
