ClosedPrice Reduced

$1,695,000

$1,865,000
1472 Milwaukee Avenue, Chicago, IL 60622
123 days
1472 Milwaukee Avenue·Chicago, IL 60622
1890Year Built
About This Home

Retail space : Existing tenant is below market and is cancellable with 120 days notice.Space is being marketed presently for an increase in retail income, $60 NNN. Open floorplan with full high/dry attached basement. Apartments above are spacious, 1500 sq.ft, with three bedrooms, & two baths including a primary suite. Open living /dining / kitchen concept with attached deck. Entire interior was gutted and redone in 2010-2012 and has been updated and maintained since then. Well managed with stable tenants. Easy turn key operation. There are 6 tandem parking spots at the rear of the building that could create more income. Chicago Landmarks gave the development a Preservation Excellence Award for the restoration of the facade.Turn key property.

MLS# 11842427Listed July 25, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1890
Lot Size25 X 124.50

Location

CountyCook
Zip Code60622

Financial

List Price$1,695,000
Original Price$1,865,000
Annual Taxes (2021)$25,470
Monthly Tax Est.$2,123
Parcel #17062080470000
Interior Features

Flooring

Wood

Cooling

Central Air
Exterior & Lot

Construction

BrickStone

Roof

Rubber

Foundation

Concrete PerimeterStone
Utilities & Parking

Electric

Circuit BreakersService - 101 to 200 Amps
Tax & Financial
Annual Taxes
$25,470
Tax Year 2021
Monthly Tax Est.
$2,123
per month
Price Reduced by $170,000
Original list price: $1,865,000
Property Location

1472 Milwaukee Avenue, Chicago, IL 60622Cook County

$1,695,000
1472 Milwaukee Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
123 days on market
25 X 124.50
$25,470/yr taxes
Price reduced $170,000
$11,030
estimated monthly payment
Principal & Interest
$8,908/mo
Property Tax
$2,123/mo
$1,695,000
20% — $339,000
3%50%
6.875%
3%12%
Loan Amount
$1,356,000
Down Payment
$339,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Jameson Sotheby's Intl Realty
Agent: Claudia Langman
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.