Chicago, IL 60647 1850-52 N Milwaukee Avenue
$1,450,000



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Presented By: Compass
Home Details
Rarely available, turnkey mixed-use building in the heart of Bucktown - a well-maintained, fully-rented trophy property for any investor. The building consists of 2 retail storefronts (chiropractor and sports performance) at +/- 1,200 SF each and 2 top floor residential units at +/- 1,200 SF each. Both residential units are 3 bed/1.1 bath. Also included is 3 garage spaces and two outdoor parking spaces. All units have updated forced air, electric and plumbing. Some tenants on currently low market rate leases with ability to increase future income. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 115,920/yr. Projected market rate gross income is estimated at 150,000/yr.
Presented By: Compass
Interior Features for 1850-52 N Milwaukee Avenue
Other Interior Features
FlooringWood
General for 1850-52 N Milwaukee Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
DirectionsWestern to Milwaukee East to property
ElectricCircuit Breakers
Electric Expense29
Fuel Expense81
Gross Income115920
Insurance Expense3500
Lease TypeGross
Lot Size Square Feet4400
MLS AreaCHI - Logan Square
ModificationTimestamp2025-07-18T18:46:01.874Z
Net Operating Income78403
Number Of Units Total4
Operating Expense37516
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount23724.55
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense1049
Water Sewer Expense967
Year Built1900
ZoningRTAIL
Exterior for 1850-52 N Milwaukee Avenue
Building Area Total4534
BuyerOfficeFax(773) 326-5500
Lot Dimensions44X100
Additional Details
Price History
