1138 Milwaukee AveChicago, IL 60642

For Sale
$325,000

Prime Chicago location, 1250 sq ft storefront.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,250 square foot commercial condominium presents a rare investment opportunity in Chicago's desirable West Town neighborhood. Located at 1138 N Milwaukee Ave, this vacant, ground-floor storefront boasts a coveted C2-2 zoning designation, allowing for a diverse range of retail and office uses. Built in 2008, the property is in excellent condition and features a modern layout including a reception area, conference room, three private offices, and a washroom. The unit benefits from high ceilings (12 feet), robust mechanical, electrical, and plumbing systems (gas-forced air unit, electric water heater, 200-amp electrical service), and low real estate taxes. Its prime location on North Milwaukee Avenue ensures high visibility and excellent foot traffic, ideal for a retail business. Conveniently situated near the CTA Division Street Blue Line Station and served by #9 and #70 bus lines, this property offers unparalleled access to public transportation. The 1,250 square foot unit sits on a 3,081 square foot lot (APN: 17-05-301-064-1001). This owner-user opportunity is perfect for businesses seeking a vibrant, high-traffic location in a thriving area of Chicago. The property is a single unit commercial condo within a single building. Asking price is $325,000.

Highlights

  • 1,250 SF modern commercial condo, built in 2008, in excellent condition.
  • C2-2 zoning allows diverse retail and office uses.
  • High-visibility location on N. Milwaukee Ave with excellent foot traffic.
  • Excellent public transit access via CTA Blue Line & bus routes.
  • Owner-user opportunity; asking price $325,000.

Property Details for 1138 Milwaukee Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,250 SF
Year Built
2008
Buildings
1
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.90245668505
Longitude
-87.665038876628
1138 Milwaukee Ave, Chicago, Illinois

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1138 Milwaukee Ave
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