For Sale
$695,000

4762 Milwaukee AveChicago, IL 60630

10,000 SF Mixed-Use Building, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 10,000-square-foot mixed-use building, located at 4762 N Milwaukee Ave in Chicago, IL 60630, presents a unique investment opportunity. Currently vacant, this two-story property boasts 12-foot ceilings on both floors and offers a versatile layout ideal for creative office, retail, or self-storage uses. The building's history includes uses as a warehouse, boxing gym, retail store, and manufacturing space, showcasing its adaptable nature. The 6,250-square-foot lot includes six off-street parking spaces in the rear, accessed via an alley. Convenient street parking is also available on Milwaukee Avenue and in nearby lots. The property enjoys a highly visible location in a high-traffic area along Milwaukee Avenue near Lawrence Avenue, adjacent to a cannabis business. Zoned B3-2, the property allows for commercial use on the first floor and, as of right, permits the addition of six residential apartments above. Its prime location offers easy access to I-90 and I-94 highways, a PACE Pulse Express bus stop, and is within walking distance of the Blue Line "L" train and Metra train (Jefferson Park station). The asking price is $695,000, translating to $69.50 per square foot. The property is being sold as-is.

Highlights

  • 10,000 SF mixed-use building in Chicago, IL (60630) at 4762 N Milwaukee Ave.
  • Vacant, two-story building with 12-foot ceilings, ideal for office, retail, or self-storage.
  • 6,250 SF lot with six rear parking spaces and ample street parking.
  • High-visibility location on Milwaukee Ave near Lawrence Ave, adjacent to a cannabis business.
  • B3-2 zoning allows commercial use on the first floor and up to six residential units above.
  • Excellent access to I-90, I-94, public transit (Pace, Blue Line 'L', Metra), and asking price of $695,000 ($69.50/SF).

Property Details for 4762 Milwaukee Ave

Property type
Retail properties, Office properties
Square Feet
10,000 SF
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.967167831244
Longitude
-87.760124284506
4762 Milwaukee Ave, Chicago, Illinois

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4762 Milwaukee Ave
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