1050 N MILWAUKEE AVE new

Chicago,IL 60622

$ 649000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12346490

Year Built 1998

Annual Tax Amount $12,485

Tax Year 2023

Lot Dimensions 24X54X32X75

Property Sub-Type Mixed Use

Property Description

Prime location for a restaurant in the B3-3 zoned property. Some equipment remains from the previous owner / operator. Possible construction of 4 units max in a 5384 sf building w/ minimum 800 sf ground floor commecial with 1600 sf of FAR on first floor, 1260 sf gross per floor in a 4 story building 3 units at 1000 sf net each. First floor restaurant is now vacant (with leftover equipment), and the second floor offers a spacious 3 bedroom 1 bathroom apartment that is currently rented on a M/M basis.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Available,Natural Gas Available,Sewer Connected,Water Available

Roof Type Rubber

Building

Dwelling Type Mixed Use

Water Municipal Water

Level or Stories 2

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