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    1138 Milwaukee Ave Chicago, IL 60642
    Property profile & analytics

    1138 Milwaukee Ave, Chicago, IL 60642

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    • Retail properties & Spaces
    • 1,250 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Permanent MakeUp by Aziza Kim / PMU Training / Medical Clinic / Skin Care Clinic
    • Walco Construction / Construction Company
    • MUSE Salons / Hair Salon / Nail Salon
    • MUSE Laser&Spa Wicker Park / Skin Care Clinic
    • TopLashes / Hair Salon / Nail Salon

    Property Details for 1138 Milwaukee Ave

    Year built
    2008
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.665
    Latitude
    41.9025
    More about this property
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