Chicago, IL 60622 1050 N MILWAUKEE Avenue
$649,000
Presented By: Homeland Sales and Development
Home Details
Prime location for a restaurant in the B3-3 zoned property. Some equipment remains from the previous owner / operator. Possible construction of 4 units max in a 5384 sf building w/ minimum 800 sf ground floor commecial with 1600 sf of FAR on first floor, 1260 sf gross per floor in a 4 story building 3 units at 1000 sf net each. First floor restaurant is now vacant (with leftover equipment), and the second floor offers a spacious 3 bedroom 1 bathroom apartment that is currently rented on a M/M basis.
Presented By: Homeland Sales and Development
General for 1050 N MILWAUKEE Avenue
Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsDivision to Milwaukee Ave Head South 2 blocks to address
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lease TypeN/A
Lot Size Square Feet2200
MLS AreaCHI - West Town
Number Of Units Total2
Operating Expense
Possible UseCommercial, Multi-Family, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount12485
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense0
UtilitiesNatural Gas Available, Sewer Connected, Water Available
Water Sewer Expense0
Year Built1998
ZoningCOMMR
Exterior for 1050 N MILWAUKEE Avenue
Frontage TypeCity Street
Lot Dimensions24X54X32X75
Water SourceMunicipal Water
Additional Details
Price History
