2
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$649,000
Est. payment /mo
New
1050 N MILWAUKEE AVE Chicago, IL 60622
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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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Listed by Mark Pieczka • Homeland Sales and Development