1542-1550 Milwaukee AveChicago, IL 60622

Property Details for 1542-1550 Milwaukee Ave

Property size (Sq ft)

36,000 SF

Property type

Retail properties

Property subtype

Mixed-use properties

Description

This exceptional four-story mixed-use building, totaling 36,000 square feet, presents a unique investment opportunity in the vibrant Wicker Park neighborhood of Chicago, Illinois. Located at 1542-1550 N Milwaukee Avenue, this property boasts a prime location just steps from the bustling intersection of North, Damen, and Milwaukee Avenues, and the Damen Blue Line L stop. The building currently features six residential apartments and a 12,500 square foot ground floor retail space, currently vacant, plus a full, clean basement. The retail space, previously occupied by a furniture store, offers significant flexibility for a variety of uses. The property sits on a 12,500 square foot lot and is zoned B3-2. Its strategic location places it amidst a thriving retail landscape, surrounded by both national and local businesses, including Yeti, Levi's, Chase Bank, Dr. Martens, Jeni's Ice Cream, Adidas, The UPS Store, Lou Malnati's Pizza, 7-Eleven, Carhartt, Piece Pizza, Stan's Donuts, Subterranean, Big Star, Urban Belly, Flatiron Building, Chop Shop, The Robey Hotel, and 5411 Empanadas. The 2023 property taxes were $43,688.57. The Property Identification Number (PIN) is 17-06-207-009. This is an unparalleled chance to acquire a substantial property in one of Chicago's most desirable and dynamic neighborhoods.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9094

Longitude

-87.6764

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