4212 North Milwaukee Avenue

Chicago, IL 60641

$2,499,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility...This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.
  1. Listed by Roberto Wilczynski • Luna Realty Group

Property Details for 4212 North Milwaukee Avenue

Area
CHI - Portage Park
Township
Jefferson
Zoning
MULTI
LISTING UPDATED: 12/29/2024 05:51 PM

Property Details for 4212 North Milwaukee Avenue

StatusNew
MLS #12261612
Days on Market5
Taxes$13,859 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1911
Lot Size0.14 AC / 6,250 SF
CountyCook County

Virtual Tour

Building Information for 4212 North Milwaukee Avenue

Stories3Residences5Year Built1911Lot Size0.14 AC / 6,250 SF

Property Information for 4212 North Milwaukee Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Chicago North,Chicago Northwest
  • Information: 24-Hr Notice Required,Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 201 to 600 Amps, Over 600 Amps, Power - 120V, Power - 240V, Three Phase, 220 Volts, 440 Volts
  • # Of Washers: 5
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: Yes
  • # Of Dryers: 5
  • # Of Dishwashers: 5
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 1-6 Years
  • Lot Dimensions: 50'FT X 125'FT
  • Lot Size Square Feet: 6250.0
  • Stories: 3
  • Fire Protection: Alarm Monitored,Alarm On Site,Fire Extinguisher/s,Smoke or Fire Protectors,Sprinklers-Dry,Sprinklers-Wet,Sprinklers,Carbon Monoxide Detector(s)
  • # Of Offices: 1
  • # Of Ranges: 8
  • # Of Stores: 3
  • Property Sub Type: Apts/Ofc/Store, Condominium, Apts/Ofc, Apts/Stores, Ofc/Store
Property and Assessments
  • Buyer Financing: Conventional, Purchase Money Mortgage, Cash
  • Public Document Count: 0
  • Photos Count: 70
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $20,000.00
  • Gross Scheduled Income: $240,000.00
  • Insurance Expense: $2,500.00
  • Total Monthly Income: 20000
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 4212 North Milwaukee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4212 North Milwaukee Avenue

Taxable ValueLand$17,500Additions$51,500Total$69,000
Tax Record2022$13,489 ($1,124 / month)
Home Facts
Baths4Total Finished SqFt6,580 SqFtAbove Grade Finished SqFt6,580 SqFtStories2Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN13-16-412-023

Schools near 4212 North Milwaukee Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Portage Park Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Vaughn Occupational High School
Public9 to 12

Rickover Naval Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4212 North Milwaukee Avenue is a mixed use property for sale in Chicago, IL 60641. This property was listed for sale on December 29, 2024 by Luna Realty Group, it's currently listed at $2,499,900. This listing's school district is Chicago Public Schools. Nearby schools include Portage Park Elementary School, Schurz High School and Vaughn Occupational High School. 4212 North Milwaukee Avenue is a 0-bed, 0-bath, mixed use property built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luna Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/29/2024 05:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.