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Duplex Office Units with Finished Basement
For Sale
$504,900

827 N Milwaukee Avenue, Chicago, IL 60642

Two-level office property with elevated ceilings, a finished lower level, updated air conditioning, and camera security.

Property Size6,000 SF
Price / SF$201.96
Days on Market91

Property Features for 827 N Milwaukee Avenue

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning OFFIC

Taxes and HOA fees

Annual Taxes $14,145

Amenities

camera system

Building Details

Building Size 6,000 SF
Year Built 1884
Stories 2
Units 3
Listing Agency: Skydan Real Estate Sales, LLC
Listed By: Frank Christiano · License #475146313
Source: Cavanaghrealty
Added: May 22 Changed: Aug 19 Last Checked: Aug 19 at 5:01AM

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 Skydan Real Estate Sales, LLC

Investment Insights

Based on property information with market context.

This office property is arranged across two levels and includes a finished basement with a bar- and restaurant-style configuration. The space features notably high original ceilings, a recently installed AC unit, and an on-site camera system. Property size is listed as 2,500, with OFFIC zoning. The building dates to 1884 and is located in Chicago’s West Loop/Wicker Park area along N Milwaukee Avenue.

Key Highlights

  • Two‑level office configuration with finished basement
  • 2,500 property size
  • High original ceilings

Property Analytics

Current Use

Express Cleaners Inc. Hardware & Home Improvement Morse Real Estate ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Pet Grooming Service Clothing & Fashion Store Restaurant

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

3,527
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-level office property with elevated ceilings, a finished lower level, updated air conditioning, and camera security.
Where is this office units located?
The property is located at 827 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $504,900.
What are key features of this property?
This property features: Two‑level office configuration with finished basement; 2,500 property size; High original ceilings
More about this property
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