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Property profile & analytics

705 Milwaukee Ave Chicago, IL 60642

  • Office Properties & Spaces
For Sale
Last Sale
Jun 23, 2021
$415,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-3352543
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Capital Logistics Group / Transportation Service
  • PS Lash & Hair Extension Academy & Studio / Hair Extension Technician / Beauty School
  • Pink Sugar Beauty Boutique / Hair Extension Technician / Beauty Salon

Property Details for 705 Milwaukee Ave

Property type
Office Properties & Spaces
APN
17-08-220-063-1001
APU
17082200631001

Description

This exceptional Class A office condo, located at 705 N. Milwaukee Ave in Chicago's River West neighborhood, offers 3,600 square feet of meticulously renovated space. Built in 1950 and completely updated in 2021, this single-unit property features a thoughtfully designed layout across two floors. The main level boasts an open concept design with hardwood floors, high ceilings, abundant natural light, a convenient snack station, ample storage, and a full bathroom. The lower level includes a gathering area, a striking glass-enclosed conference room, a well-equipped kitchen, another bathroom, and a discreet server room. Floor-to-ceiling windows on the first floor maximize natural light throughout both levels via a central atrium. Three parking spaces are available at the rear of the building. Situated in a high-density residential and commercial area with excellent vehicular traffic, this property benefits from proximity to the Blue Line "L" station and the Kennedy Expressway. Nearby businesses include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks, and Erie Street Auto Body. The property is zoned C1-3 and sits on a 0.07-acre lot. The asking price is $825,000, translating to $229.17 per square foot. This is a prime opportunity for a business seeking a stylish and functional space in a vibrant, easily accessible location. The property's APN is 17-08-220-063-1001.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6523
Latitude
41.8946
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$23,910
$4,726
$106,921
$111,647
-
$18,904
$427,684
$446,588
More about this property
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