River West Commercial Condo For
For Sale
$750,000
705 N Milwaukee Avenue, Chicago, IL 60642
Duplex commercial condo in River West, updated in 2021.
Property SizeContact for details
Days on Market485
Property Features for 705 N Milwaukee Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$22,867
Building Details
Year Built
1950
Listing Agency:
COMPASS
(847) 906-1872
Listed By:
THOMAS WAGNER · License #475176488
Source:
Corcoran
Added: Apr 24, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
Investment Insights
Based on property information with market context.
This duplex commercial condo is located in the River West neighborhood, bordering West Loop, West Town, and Fulton Market. The unit, updated in 2021, features two floors and an open concept first floor with hardwood floors, high ceilings, natural light, a snack station, storage areas, and a bathroom. The lower level includes a gathering area, a glass-enclosed conference room and office, a kitchen, a bathroom, and a hidden server room. Floor-to-ceiling windows and a large atrium allow light to both levels. There is space for 3 parking spots in the rear of the building. The property is located in a dense residential and commercial area with vehicular traffic. Area tenants include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks and Erie Street Auto Body. It is located two blocks from the Blue Line L stop and has access to the Kennedy Expressway. This property is purposed for business use.
Key Highlights
- Prime location in River West, bordering West Loop, West Town, and Fulton Market.
- Rehabbed in 2021 with modern finishes and a well‑designed floor plan.
- Duplex down commercial condo with two floors and ample space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,821
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Duplex commercial condo in River West, updated in 2021.
Where is this office units located?
The property is located at 705 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime location in River West, bordering West Loop, West Town, and Fulton Market.; Rehabbed in 2021 with modern finishes and a well‑designed floor plan.; Duplex down commercial condo with two floors and ample space.
