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Historic Mixed-Use Loft Building
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2800 N Milwaukee Avenue, Chicago, IL 60618

Redeveloped loft-style property combining residential units, ground-floor commercial space, and preserved historic architecture.

Property Size50,560 SF
Days on Market55

Property Features for 2800 N Milwaukee Avenue

General Information

Standard status Active
Size 50,560 SF
Class B
Property subtype Multifamily, Mixed Use
Zoning B3-1, B1-3
Occupancy 96%
Investment Type Stabilized

Site & Location

Corner Location Yes
Public Transit Yes

Additional Details

Multifamily Units 28

Building Details

Year Built 1933
Year Renovated 2012
Buildings 1
Stories 6
Units 28
Tenancy Multi
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Tyler Hague, LEED AP · License #471009171
Source: Crexi
Added: Jul 7 Changed: Aug 29 Last Checked: Aug 29 at 4:29PM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

Hairpin Lofts is a six-story mixed-use property combining loft-style housing with ground-floor retail and commercial space. The building contains 28 one- and two-bedroom residences averaging 853 square feet, along with 5 retail/commercial spaces. Residential interiors include open layouts, high ceilings, large windows, and contemporary finishes. Geothermal heating and cooling systems serve the building, while original architectural details remain part of the design.

Located at 2800 N Milwaukee Avenue in Chicago, the property occupies the intersection of Milwaukee, Kimball, and Diversey. Transit access and its prominent corner position support a visible, pedestrian-oriented setting. The property also includes the Hairpin Arts Center, contributing to its mixed-use character.

Originally built in 1933 as the Morris B. Sachs Building, the property was redeveloped in 2012 and is designated as a historic landmark listed on the National Register of Historic Places. Zoning is B3-1 and B1-3, and a LIHTC agreement is in place.

Key Highlights

  • 28 one- and two‑bedroom residential units averaging 853 square feet
  • 5 ground‑floor retail/commercial spaces
  • Six‑story building at Milwaukee, Kimball, and Diversey

Property Analytics

Current Use

Logan Square Medical ... Physician The Extraordinarium (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Nursing Home Fish Market Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

2,697
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Redeveloped loft-style property combining residential units, ground-floor commercial space, and preserved historic architecture.
Where is this mixed-use property located?
The property is located at 2800 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: 28 one- and two‑bedroom residential units averaging 853 square feet; 5 ground‑floor retail/commercial spaces; Six‑story building at Milwaukee, Kimball, and Diversey
(312) 612-5944 Call to check price and availability
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