1850-52 N Milwaukee Avenue Chicago, IL 60647
Mixed Use
MLS #: 12326632
Courtesy Of Compass Real Estate
Property InformationDescription
Rarely available, turnkey mixed-use building in the heart of Bucktown - a well-maintained, fully-rented trophy property for any investor. The building consists of 2 retail storefronts (chiropractor and sports performance) at +1,000 SF each and 2 top floor residential units at +1,000 SF each. Both res. units are 2 bed/1.1 bath with the possibility to add full and/or soft-lofted 3rd beds. Also included is 3 garage spaces and one outdoor parking space. All units have updated forced air, electric and plumbing. Long term tenants on currently low market rate leases with upcoming lease expirations for a generous future increased NOI. B3-2 Zoning. Close proximity to the Blue Line, shopping, entertainment and strong foot traffic on highly-desired Milwaukee Ave. Current gross income is 73,000/yr. Projected market rate gross income is estimated at 112,000/yr.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Cooling System: Central Air
- Floor Covering: Wood
- MLSID: 12326632
MAP & DIRECTIONS
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