815 N Milwaukee Avenue, Chicago, IL

$1,450,000

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About 815 N Milwaukee Avenue

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.

Features of 815 N Milwaukee Avenue

MLS® # 12634849
Price $1,450,000
Bathrooms 0.00
Year Built 1914
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 815 N Milwaukee Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 26
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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