Retail-Front Triplex with
For Sale
Under Contract
$699,900
3088 N MILWAUKEE Avenue, Chicago, IL 60618
COMMERCIAL - Chicago, IL
Lot Size0.07 Acres
Days on Market54
Property Features for 3088 N MILWAUKEE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Fireplace
1
Directions
Milwaukee Between Belmont & Diversey
Subdivision
CHI - Avondale
Standard status
Active Under Contract
APN
13261100020000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
13506
Utilities
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1911
Floors in Building
3
Number of units
3
Building materials
Brick
Listing Agency:
ProCasa Realty, Ltd.
(773) 304-1700
Listed By:
Loyda Paredes · License #471006928
(312) 402-7052
Added: Jun 9
Changed: Jul 9
Last Checked: Aug 1 at 8:06PM
MLS# 12667626
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a mixed-use triplex that includes storefront space with a full basement and three residential units. The residential units are described as having substantial layouts, including 3-bedroom and 4-bedroom configurations. Interior updates include kitchen and bathroom improvements completed within the last 10 years, and the units feature hardwood flooring. The storefront includes central air conditioning, and the site also offers a two-car brick garage. The property is reported to need some minor repairs but is nearly ready for occupancy.
The building is located in Chicago at 3088 N Milwaukee Avenue, identified under zoning COMMR. The public remarks position the surrounding area as a corridor with ongoing new construction, supporting use as either a long-term rental hold or a redevelopment candidate.
For tenants and operators, the combination of residential income units plus street-facing storefront space can support a mixed-use strategy under one roof. For buyers, the updated kitchens and baths, hardwood flooring, and central air in the storefront are tangible improvements, while the described need for minor repairs leaves room for a buyer or operator to finalize readiness based on their preferences. The property’s COMMR zoning is noted as accommodating a variety of business uses, depending on the intended program and permitting requirements.
The building is located in Chicago at 3088 N Milwaukee Avenue, identified under zoning COMMR. The public remarks position the surrounding area as a corridor with ongoing new construction, supporting use as either a long-term rental hold or a redevelopment candidate.
For tenants and operators, the combination of residential income units plus street-facing storefront space can support a mixed-use strategy under one roof. For buyers, the updated kitchens and baths, hardwood flooring, and central air in the storefront are tangible improvements, while the described need for minor repairs leaves room for a buyer or operator to finalize readiness based on their preferences. The property’s COMMR zoning is noted as accommodating a variety of business uses, depending on the intended program and permitting requirements.
Key Highlights
- Brick multi‑unit building built in 1911 with fireplace and hardwood floors throughout
- 3 bed and 4 bed apartments with large layouts at 1,875 SF per floor
- Kitchens and baths updated within the last 10 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,006
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Mixed-use triplex with storefront, basement, updated interiors, and a two-car brick garage—suited for rental or redevelopment.
Where is this triplex located?
The property is located at 3088 N MILWAUKEE Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Brick multi‑unit building built in 1911 with fireplace and hardwood floors throughout; 3 bed and 4 bed apartments with large layouts at 1,875 SF per floor; Kitchens and baths updated within the last 10 years