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



79 more
















































































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 +1,000 SF each and 2 top floor residential units at +1,000 SF each. Both res. units are 2 bed/1.1 bath with the possibility to add full and/or soft-lofted 3rd beds. Also included is 3 garage spaces and one outdoor parking space. All units have updated forced air, electric and plumbing. Long term tenants on currently low market rate leases with upcoming lease expirations for a generous future increased NOI. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 73,000/yr. Projected market rate gross income is estimated at 112,000/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
CoolingCentral Air
CountyCook
DirectionsWestern to Milwaukee East to property
ElectricCircuit Breakers
Electric Expense29
Fuel Expense81
Gross Income110520
Insurance Expense3500
Lease TypeGross
Lot Size Square Feet4400
MLS AreaCHI - Logan Square
Net Operating Income73003
Number Of Units Total4
Operating Expense37516
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
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
Lot Dimensions44X100
Additional Details
Price History
