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1259 N milwaukee Ave

10,000 SF 100% Leased Retail Building Chicago, IL 60622 £1,342,227 (£134/SF) 6.16% Net Initial Yield

Executive Summary

Fabulous 3-unit Mixed use building with 2 loft style residential units and 1 retail unit with long term tenant. Roof and tuckpointing been done in last 5-6 years as well as retail level fully rehabbed. Centrally located in the heart of Wicker Park along the bust Milwaukee Ave retail corridor. Steps to the blue line entry at Division Street and Ashland Ave. with access to Kennedy express way within 1/4 mile and bus and Divvy stops right outside building. N issue leasing Area tenants include Dunkin Donuts, Jewel, Lowes, Pet Supplies Plus, Den Theater and many more.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
10,000 SF
Building Class
B
Year Built
1915
Price
£1,342,227
Price Per SF
£134
Net Initial Yield
6.16%
NOI
£82,698
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
4.00
Land Acres
0.06 AC
Zoning
B1-3
Frontage
95 ft on Milwaukee Ave

Amenities

  • Signage
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bonchon
Philz Coffee
Fifth Third Bank
Huntington National Bank
Jewel-Osco
Starbucks
Harold's Chicken Shack
Shred415
Jazzercise
Barry's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-06-232-018-0000
Land Assessment
£15,072
Improvements Assessment
£103,462
Total Assessment
£118,534
  • Listing ID: 33056578

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 1259 N milwaukee Ave, Chicago, IL 60622

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