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1072 N Milwaukee Ave
Chicago, IL 60642
Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- 1072 N Milwaukee is ideally positioned to remain the beneficiary of this elite microeconomy
- investment opportunity presents rare opportunity to acquire some of the most sought after real estate in the entire city.
- Land Footprint: 4,810 SF
- Conversely, the site also carries C1-3 zoning allowing for byright development of of 14,430 SF build-able floor area and up to 12 residential units,
- Unbeatable West Town / Wicker Park Location
Résumé de l'annonce
1072 N Milwaukee Avenue is a premier infill development opportunity located along one of Chicago’s most dynamic and rapidly evolving corridors in the heart of Wicker Park/West Town. The Property benefits from exceptional frontage and visibility on Milwaukee Avenue, a hightraffic retail and mixed-use thoroughfare known for its strong tenant demand, dense residential base, and vibrant dining, entertainment, and nightlife scene. The site is ideally positioned for high-density residential or mixed-use redevelopment, capitalizing on the area’s continued population growth, rental demand, and premium pricing for well-located new construction.
The surrounding neighborhood is characterized by a blend of new luxury apartment developments, creative office, and destination retail, supporting a compelling case for additional residential units with ground floor retail or other commercial uses. Proximity to CTA Blue Line stations, multiple bus routes, I-90, and quick access to Downtown and Fulton Market further enhances the site’s appeal to both renters and end users seeking transit-oriented, walkable living. With strong fundamentals, limited infill supply, and continued capital investment in the Milwaukee Avenue corridor, 1072 North Milwaukee presents an exceptional opportunity to deliver a best-in-class project in one of Chicago’s most sought-after urban submarkets.
The surrounding neighborhood is characterized by a blend of new luxury apartment developments, creative office, and destination retail, supporting a compelling case for additional residential units with ground floor retail or other commercial uses. Proximity to CTA Blue Line stations, multiple bus routes, I-90, and quick access to Downtown and Fulton Market further enhances the site’s appeal to both renters and end users seeking transit-oriented, walkable living. With strong fundamentals, limited infill supply, and continued capital investment in the Milwaukee Avenue corridor, 1072 North Milwaukee presents an exceptional opportunity to deliver a best-in-class project in one of Chicago’s most sought-after urban submarkets.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
14 430 pi²
Classe d’immeuble
C
Année de construction
1882
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
3,00
Taille du lot
0,11 AC
Zonage
C1-3
Stationnement
2 places (0,14 places par 1 000 pi² loué)
Façade
191’ sur North Milwaukee Avenue
Commodités
- Ligne d'autobus
- Affichage
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 109 004 $ CAD | |
| Évaluation du terrain | 48 652 $ CAD | Évaluation totale | 157 656 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
48 652 $ CAD
Évaluation des bâtiments
109 004 $ CAD
Évaluation totale
157 656 $ CAD
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