Mixed-Use Retail and Residential
For Sale
Contact for pricing
Pending
3002-3010 N Milwaukee Avenue, Chicago, IL 60618
Two-story mixed-use building includes street-level commercial stores and eight residential units with separate utilities.
Property Size18,000 SF
Days on Market823
Property Features for 3002-3010 N Milwaukee Avenue
General Information
Standard status
Pending
Size
18,000 SF
Property subtype
Land, Special Purpose
Site & Location
Neighborhood
Avondale
Highway Access
Yes
Additional Details
Multifamily Units
8
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
CENTURY 21 Circle
Listed By:
Mark Ahmad · License #IL 471007186
(312) 513-4490
Source:
Crexi
Added: Jul 23, 2024
Changed: Oct 10
Last Checked: Oct 23 at 6:36AM
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 CENTURY 21 Circle
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Investment Insights
Based on property information with market context.
Two-story mixed-use building totaling approximately 18,000 gross square feet. The first floor features five street-level commercial stores. The second level provides eight residential units, with unit mix including two 5-bedroom, two-bath units, one 3-bedroom, one-bath unit, one 3-bedroom, one-bath unit, one 1-bedroom, one-bath unit, and one studio unit. Each unit has individual utilities and furnaces. The residential units can be converted to additional dwelling units.
The property is located on the Milwaukee Avenue and Belmont Avenue business corridor in the Avondale/Irving Park district, an area described as heavy traffic and development. Parking is available through “Parkway” at the building boundary, along with metered street parking. The building is within walking distance to nearby retailers, shops, entertainment, and public transportation, with short access to major roads and downtown, including easy access to the Kennedy expressway.
This configuration offers an owner both long-term leased street-level retail and income-producing residential space under one roof, with separate mechanical and utility setups across the second-floor units.
The property is located on the Milwaukee Avenue and Belmont Avenue business corridor in the Avondale/Irving Park district, an area described as heavy traffic and development. Parking is available through “Parkway” at the building boundary, along with metered street parking. The building is within walking distance to nearby retailers, shops, entertainment, and public transportation, with short access to major roads and downtown, including easy access to the Kennedy expressway.
This configuration offers an owner both long-term leased street-level retail and income-producing residential space under one roof, with separate mechanical and utility setups across the second-floor units.
Key Highlights
- Two‑story mixed‑use building with approx. 18,000 total building SF
- Street‑level features 5 commercial storefronts with exposure, leased long term
- Second level has 8 residential units with separate utilities and furnaces
Property Analytics
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story mixed-use building includes street-level commercial stores and eight residential units with separate utilities.
Where is this apartment building located?
The property is located at 3002-3010 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: Two‑story mixed‑use building with approx. 18,000 total building SF; Street‑level features 5 commercial storefronts with exposure, leased long term; Second level has 8 residential units with separate utilities and furnaces
