$1,450,000
 $7,784 est/mo Sourced by Back At You

815 N Milwaukee Avenue,Chicago, IL 60642

Chicago, IL 60642

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Description

Ever dreamed of owning the loft from the movie BIG, but bigger and cooler?!?! Absolute unicorn of a property in River West right next to the Blue Line! Offered FULLY FURNISHED and zoned commercial. This stand alone property currently serves as a very profitable Airbnb with potential to serve as a stand-alone single family, live-work, long or short-term furnished rental, social media influencer content space, art gallery, professional/creative space and/or showroom, retail, ghost kitchen/food or drink establishment (subject to zoning and/or variance), private social club, corporate off/on-site for work or housing. The possibilities are absolutely endless! 3,208 interior/liveable square feet between the main level and loft space, plus a 2,522 SF full unfinished basement for storage needs or potential added finished square footage. Plus, a fully unfinished private rooftop with brand new roof. Brand new dual zoned HVAC system. One rental space is included in the attached parking lot next door for $300/month. Additional rental parking available. Cash or commercial financing. Perfect for an end-user of investor. Land is buildable for one retail space and three residential units. Current building is highest and best use. Great institutional hold as well for various uses.

Details

MLS #12704009
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1916
Days On Site54
Listing Provided ByCompass | John Federici

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet3,208
BasementY
Story(s)2

Interior

Rooms Total9
CoolingCentral Air
HeatingNatural Gas, Forced Air
Fireplaces Total1
Laundry FeaturesIn Unit

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesAssigned, Off Street, Yes, Leased

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount18995.27

Area Information

StateIL
CountyCook
CityChicago
Zip Code60642
AreaCHI West Town
Listing VS Median (in 60642)
Price:
$1,450,000
low | high
Med:
$499,000
100% of Average
sqft:
3,208
low | high
Med:
2,482
72.630922693267% of Average
$ / sqft:
$452
low | high
Med:
$201
100% of Average
On site:
54
low | high
Med:
96
56.25% of Average
Sourced by Back At You

Market Activity 60642

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Contact

Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyCook
CityChicago
Zip Code60642
AreaCHI West Town
Listing VS Median (in 60642)
Price:
$1,450,000
low | high
Med:
$499,000
100% of Average
sqft:
3,208
low | high
Med:
2,482
72.630922693267% of Average
$ / sqft:
$452
low | high
Med:
$201
100% of Average
On site:
54
low | high
Med:
96
56.25% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.87M - $1.812M
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
815 N MILWAUKEE Avenue Property Photo 1
$1,450,000
815 N Milwaukee Avenue
Chicago, IL 60622
Listing Updated: August 7, 2026 at 3:51:54 PM PDT
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