3531 N Milwaukee Avenue Chicago, IL ^$ 644,000

3531 N Milwaukee Avenue

^$ 644,000

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3531 N Milwaukee Avenue

Chicago, IL, 60641

^$ 644,000

Studio Baths0.0

Monthly Estimate*

^$ 4,280

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Studio

Commercial Property for sale in Chicago, IL

for $644,000. This building was built in 1956 on a lot size of 0.17562.

Unique opportunity to purchase this property that has a 2,084 sq ft warehouse/Storage facility that is divided by warehouse #1 (644 sq ft with 1 overhead door (13 foot ceilings) separate electric meter) and warehouse area #2 (1,440 sf ,60 ft long, 25 ft wide and has 2 large overhead doors) Possible uses could be warehouse, Auto repair, Auto parts & sales, brewery or distillery. Combine this with the concrete and paved fenced in security lot of 7,650 sf that could hold approx.18 + vehicles. Prime for re-development with mixed use and multi-family property building with access from either the alley or Milwaukee Ave !.(property to south 3525-3527 Milwaukee, and the large fenced in lot across the street 3532 Milwaukee are also for sale and could be sold together to meet your re-development or business needs).

Commercial Active

Price

^$ 644,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,505

Style

Lot Size

0.17562

Year Built

1956

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11905725

Features

General

Cooling None

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing

Zoning COMMR

Construction Materials Concrete Other

Year Built 1956

Electric Circuit Breakers Service - 201 to 600 Amps Power - 240V

Tenant Pays Other

Stories 1

Township Jefferson

Tax Year 2021

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Industrial Office and Research Multi-Family

Status Active

Directions Milwaukee Ave south of Addison to property.

City Chicago

NumberOfUnitsTotal 1

MLS Area CHI - Irving Park

Lot Size Square Feet 7650

Street Name Milwaukee

Tax Annual Amount 4505

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Virtual Tour https://tours.vht.com/BWI/T434351470/nobranding

Days on Market 8

Standard Status Active

Interior

Flooring Concrete

Total Fireplaces 0

Street Suffix Avenue

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 153X50

Frontage Type City Street

Exterior Steel Siding Combination

* Excluded Features

List By

Baird & Warner

Broker

Miguel.Ruiz@bairdwarner.com

Affordability Calculator

$4,656

Per Month

Monthly Principal & Interest: $4,280
Monthly Property Taxes: $375
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$842,007

Percent of Sale Price 31%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2023	$644,000		Listed Price

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3531 N Milwaukee Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $644,000 with a lot size of 0.17562. 3531 N Milwaukee Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 60641 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/1/2024.

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3531 N Milwaukee Avenue

Commercial Property for sale in Chicago, IL

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