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    1906-1908 N Milwaukee Ave, Unit Chicago Chicago, IL 60647

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    For Sale
    $1,849,000

    Mixed-use property near public transportation, ideal for retail or office.

    Property Features for 1906-1908 N Milwaukee Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1893

    Source: STRAUSS REALTY LTD Agent MOSHE WEINBERGER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property Near Western Blue

    Located between Wicker Park and Logan Square, this mixed-use property features 5,400 square feet across two adjacent buildings, available for purchase together or separately. The first floor includes a connected warehouse space with 14-foot ceilings, exposed brick, skylights, and heavy electric capacity. Each building has a rear garage door for van or car access. The second floor of 1906 N. Milwaukee offers flexible office or live/work space suitable for creative or professional uses. A new roof was installed in 2018. The property is conveniently located steps from the Western Blue Line, bus stops, and Divvy stations, with the Kennedy Expressway less than half a mile away. Surrounded by national retailers such as Starbucks, Walgreens, and McDonald's, along with numerous bars and restaurants, the location provides high visibility and walkability. It is suitable for retail, restaurant, bar, or light manufacturing.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6865523
    Latitude
    41.9159694

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    FAQs

    What type of property is this?
    Live-work space - Mixed-use property near public transportation, ideal for retail or office.
    Where is this live-work space located?
    The property is located at 1906-1908 N Milwaukee Ave, Unit Chicago Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,849,000.
    What are key features of this property?
    This property features: - Prime location between Wicker Park and Logan Square with excellent visibility and walkability.; - 5,400 SF mixed-use property suitable for retail, restaurant, bar, or light manufacturing.; - First-floor warehouse with **14' ceilings, exposed brick, skylights, and heavy electric capacity.**
    (773) 736-3600
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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
    1906-1908 N Milwaukee Ave, Unit Chicago Chicago, IL 60647
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