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    1906 N Milwaukee Ave, Unit Chicago Chicago, IL 60647

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    For Sale
    $1,149,000

    3,300 SF mixed-use property near Wicker Park and Logan Square.

    Property Features for 1906 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 Transportation

    This 3,300 SF mixed-use property is located between Wicker Park and Logan Square. The first floor features a warehouse with 14' ceilings, exposed brick, and heavy electric capacity. A garage door in the rear provides van or car access. The second floor offers a versatile office or live/work space suitable for creative or professional uses. Recent improvements include a new roof installed in 2018. The property benefits from its proximity to the Western Blue Line, bus stops, and Divvy stations, with the Kennedy Expressway less than half a mile away. The location is surrounded by national retailers such as Starbucks, Walgreens, and McDonald's, as well as numerous bars and restaurants. This property is suitable for retail, restaurant, bar, or light manufacturing uses.
    Property Profile Insight Report 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 - 3,300 SF mixed-use property near Wicker Park and Logan Square.
    Where is this live-work space located?
    The property is located at 1906 N Milwaukee Ave, Unit Chicago Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: - Prime location between Wicker Park and Logan Square with excellent visibility and walkability.; - 3,300 SF mixed-use property suitable for retail, restaurant, bar, or light manufacturing.; - First-floor warehouse space boasts 14' ceilings, exposed brick, and heavy electric capacity.
    (773) 736-3600
    Request Owner's contact information
    1906 N Milwaukee Ave, Unit Chicago Chicago, IL 60647
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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 N Milwaukee Ave, Unit Chicago Chicago, IL 60647
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