Search
Mixed-Use Building with Storefront
For Sale
Contact for pricing
Pending

3198 N Milwaukee Ave, Chicago, IL 60618

Mixed-use property combines residential apartments, commercial storefront space, a basement, and indoor parking at a signalized corner.

Property SizeContact for details
Days on Market144

Property Features for 3198 N Milwaukee Ave

General Information

Standard status Pending
Total Parking Spaces 1
Property subtype Multifamily, Mixed Use

Additional Details

Corner Location Yes

Building Details

Buildings 1
Listing Agency: Jameson Commercial Real Estate
Listed By: Mark Kishtow · License #IL 471010965
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:22PM

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 Jameson Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 3198 N Milwaukee Ave in Chicago, this mixed-use building includes four residential units, one commercial storefront, a basement, and one indoor parking space. The residential component consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units.

The property occupies the traffic-light corner of Milwaukee and Belmont, providing visibility from two intersecting streets. The first-floor unit measures approximately 2,500 SF and features 12-foot ceilings. Its combination of apartment units and storefront space creates a property with both residential and commercial components in Chicago’s Avondale area.

Key Highlights

  • Four residential units plus one commercial storefront
  • Residential mix includes two 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units
  • First‑floor unit measures 2,500 SF+/- with 12’ high ceiling

Property Analytics

Current Use

Warlord Restaurant Accurate roofing and tuckpointing Roofing Company Pueblo Latino Lounge Nightclub

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,907
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combines residential apartments, commercial storefront space, a basement, and indoor parking at a signalized corner.
Where is this mixed-use property located?
The property is located at 3198 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: Four residential units plus one commercial storefront; Residential mix includes two 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units; First‑floor unit measures 2,500 SF+/- with 12’ high ceiling
(847) 410-0088 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message