2822 N Milwaukee Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60618- Logan Square
$260,000 USD
847-606-7511
2822 N Milwaukee Ave, Chicago, IL for Sale
$260,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | Request Cap Rate

2822 N Milwaukee Ave
Chicago, IL 60618
Logan Square


HIGHLIGHTS

  • Rentals are way under market value.
  • Tenants pay all utilities
  • Excellent visibility and strong street traffic

OVERVIEW

Exceptional investment opportunity on bustling Milwaukee Avenue in a prime high-traffic business corridor! This solid brick mixed-use 3-story building features two commercial storefronts - one currently leased and one vacant. Above the commercial spaces are 2 spacious 6-room, 3-bedroom residential units featuring updated interiors, newer appliances. in-unit washer/dryers, and private rear decks. Additional improvements include newer windows, central A/C on the first and second floors, and all tenants pay their own utilities. Major capital improvements have already been completed, including a new roof and tuckpointing within the last two years. A well-maintained, property in an outstanding location with excellent visibility and strong street traffic.

FOR SALE DETAILS

PRICE

$260,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

B2-2

APN/PARCEL ID

13-26-225-058-0000

ASK ABOUT THIS PROPERTY

Paula Gagerman@properties | Christie's International Real EstateMore Info
847-606-7511

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

Paula Gagerman@properties | Christie's International Real EstateMore Info
847-606-7511

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