Active

$1,450,000

815 Milwaukee Avenue, Chicago, IL 60642
4 Beds3 Baths0 sqft75 days
815 Milwaukee Avenue·Chicago, IL 60642
4Bedrooms
3Bathrooms
0Sq Ft
1916Year Built
About This Home

Ever dreamed of owning the loft from the movie BIG, but bigger and cooler?!?! Absolute unicorn of a property in River West right next to the Blue Line! Offered FULLY FURNISHED and zoned commercial. This stand alone property currently serves as a very profitable Airbnb with potential to serve as a stand-alone single family, live-work, long or short-term furnished rental, social media influencer content space, art gallery, professional/creative space and/or showroom, retail, ghost kitchen/food or drink establishment (subject to zoning and/or variance), private social club, corporate off/on-site for work or housing. The possibilities are absolutely endless! 3,208 interior/liveable square feet between the main level and loft space, plus a 2,522 SF full unfinished basement for storage needs or potential added finished square footage. Plus, a fully unfinished private rooftop with brand new roof. Brand new dual zoned HVAC system. One rental space is included in the attached parking lot next door for $300/month. Additional rental parking available. Cash or commercial financing. Perfect for an end-user of investor. Land is buildable for one retail space and three residential units. Current building is highest and best use. Great institutional hold as well for various uses.

MLS# 12704009Listed July 14, 2026Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms9

Size & Structure

Living Area0 sqft
Fireplaces1
Year Built1916
Lot Size25X100

Location

CountyCook
TownshipWest Chicago
Zip Code60642

Financial

List Price$1,450,000
Annual Taxes (2024)$18,995
Monthly Tax Est.$1,583
Parcel #17054160090000
Interior Features

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedFull

Laundry

In Unit
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AssignedOff StreetYesLeased
Tax & Financial
Annual Taxes
$18,995
Tax Year 2024
Monthly Tax Est.
$1,583
per month
Property Location

815 Milwaukee Avenue, Chicago, IL 60642 — Cook County

$1,450,000
815 Milwaukee Avenue
4 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
75 days on market
1 fireplace
25X100
$18,995/yr taxes
$9,203
estimated monthly payment
Principal & Interest
$7,620/mo
Property Tax
$1,583/mo
$1,450,000
20% — $290,000
3%50%
6.875%
3%12%
Loan Amount
$1,160,000
Down Payment
$290,000

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

Listed by
Compass
Agent: John Federici
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