Chicago, IL 60622 1474 N Milwaukee Avenue
$3,695,000



19 more



















Presented By: Star Realty & Management
Home Details
1474 N. Milwaukee Ave is a 9,100 SF, three-story mixed-use building ideally located in Chicago's highly coveted Wicker Park neighborhood. The Property features a ground-floor retail space leased to BODYBAR Pilates on a 10-year net lease with 2.5% annual rent escalations, delivering secure long-term cash flow. The upper floors comprise three oversized luxury apartments: one 3-bed / 2-bath unit, one 4-bed / 4-bath duplex, and one 2-bed / 2-bath unit. All residences were recently renovated with condo-quality finishes, modern kitchens, and brand-new bathrooms, appealing to today's discerning renters. Wicker Park has evolved into one of Chicago's most desirable residential and retail destinations, known for its high-street shopping, thriving restaurant scene, and strong demographics. The Property offers outstanding connectivity just steps from the CTA Damen Blue Line, near the Kennedy Expressway (I-90/94), and adjacent to The 606 elevated park.
Presented By: Star Realty & Management
General for 1474 N Milwaukee Avenue
Additional Parcels Y/NNo
Cap Rate7.4
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsJust south of six-corner intersection at Damen, North, and Milwaukee Avenues
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income363826
Insurance Expense
Lot Size Square Feet3125
MLS AreaCHI - West Town
ModificationTimestamp2025-09-21T05:07:30.322Z
Net Operating Income274132
Number Of Units Total4
Operating Expense89695
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount35785
Tax Year2023
Tenant PaysVaries by Tenant
Trash Expense0
Water Sewer Expense0
Year Built1903
ZoningCOMMR
Exterior for 1474 N Milwaukee Avenue
Building Area Total9100
Lot Dimensions25X125
Additional Details
Price History

SQFT • 9,100