239-249-4845
1072 N Milwaukee Ave, Chicago, IL for Sale
Freestanding - FOR SALE
1/3
null | Request Cap Rate

1072 N Milwaukee Ave
Chicago, IL 60642
Ukrainian Village


HIGHLIGHTS

  • 1072 N Milwaukee is ideally positioned to remain the beneficiary of this elite microeconomy
  • Conversely, the site also carries C1-3 zoning allowing for byright development of of 14,430 SF build-able floor area and up to 12 residential units,
  • investment opportunity presents rare opportunity to acquire some of the most sought after real estate in the entire city.
  • Unbeatable West Town / Wicker Park Location
  • Land Footprint: 4,810 SF

OVERVIEW

1072 N Milwaukee Avenue is a premier infill development opportunity located along one of Chicago’s most dynamic and rapidly evolving corridors in the heart of Wicker Park/West Town. The Property benefits from exceptional frontage and visibility on Milwaukee Avenue, a hightraffic retail and mixed-use thoroughfare known for its strong tenant demand, dense residential base, and vibrant dining, entertainment, and nightlife scene. The site is ideally positioned for high-density residential or mixed-use redevelopment, capitalizing on the area’s continued population growth, rental demand, and premium pricing for well-located new construction. The surrounding neighborhood is characterized by a blend of new luxury apartment developments, creative office, and destination retail, supporting a compelling case for additional residential units with ground floor retail or other commercial uses. Proximity to CTA Blue Line stations, multiple bus routes, I-90, and quick access to Downtown and Fulton Market further enhances the site’s appeal to both renters and end users seeking transit-oriented, walkable living. With strong fundamentals, limited infill supply, and continued capital investment in the Milwaukee Avenue corridor, 1072 North Milwaukee presents an exceptional opportunity to deliver a best-in-class project in one of Chicago’s most sought-after urban submarkets.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,805 SF

ZONING

C1-3

APN/PARCEL ID

17-05-308-081-0000,17-05-308-082-0000

ASK ABOUT THIS PROPERTY

Tom SvobodaCBREMore Info
239-249-4845

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Tom SvobodaCBREMore Info
239-249-4845

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.