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Property profile & analytics
OFF-MARKET
Warehouses

886-888 Milwaukee Ave Chicago, IL 60642

6,750 SF 0.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6,750-square-foot property, situated on a 0.18-acre lot in Chicago's desirable River West neighborhood, presents a rare investment and development opportunity. The building boasts flexible C1-2 zoning, allowing for a variety of uses including executive office, manufacturing, restaurant, and warehouse space. Its prime location offers unparalleled visibility from I-90/I-94, with a daily vehicle count exceeding 206,000, ensuring high exposure for any business. The property includes a currently income-generating billboard, adding significant value. This is an ideal opportunity for owner-users seeking a versatile space or developers looking to capitalize on the area's strong growth potential. The sale price is subject to offer. The property features one dock-high door and offers significant potential for redevelopment or continued operation as a multi-use facility. This is a unique chance to acquire a strategically located asset in a thriving Chicago neighborhood. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Total area 6,750 SF
Lot 0.18 ac (7,841 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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