3624 N Milwaukee Avenue Chicago, IL ^$ 425,000

3624 N Milwaukee Avenue

^$ 425,000

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3624 N Milwaukee Avenue

Chicago, IL, 60641

^$ 425,000

Studio Baths0.0

Monthly Estimate*

^$ 2,825

3624 N Milwaukee Avenue, Chicago, IL 60641 - Image 1

3624 N Milwaukee Avenue, Chicago, IL 60641 - Image 2

3624 N Milwaukee Avenue, Chicago, IL 60641 - Image 3

Studio

Commercial Property for sale in Chicago, IL

for $425,000. This building was built in 1922 on a lot size of 0.07174.

Introducing a prime investment opportunity in the vibrant Chicago area. This modern, well-maintained 2,115 SF building with 2 units is ideally suited for multifamily/high-rise investors, offering the flexibility of M1-1 zoning. With attractive curb appeal and a spacious, functional floor plan, this property presents strong potential for rental income and historical performance. Its desirable location, convenient access to amenities, and potential for value-add opportunities further enhance its appeal. Don't miss the chance to own a property with a strong track record and promising future in the heart of Chicago's thriving real estate market.

Commercial Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,512

Style

Lot Size

0.07174

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12037257

Features

General

Cooling Window Unit(s)

Year Built 1922

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories 2

Property SubType Mixed Use

Tax Year 2022

Gross Income 1800

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions West on Addison Northwest on Milwaukee

City Chicago

NumberOfUnitsTotal 3

MLS Area CHI - Irving Park

Lot Size Square Feet 3125

Street Name Milwaukee

Tax Annual Amount 6512.57

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 36

Standard Status Active

Exterior

Lot Dimensions 25 X 125

Interior

Street Suffix Avenue

* Excluded Features

List By

Troy Realty Ltd

Broker

bgold@troyrealtyltd.com

Affordability Calculator

$3,367

Per Month

Monthly Principal & Interest: $2,825
Monthly Property Taxes: $543
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 98%

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
5/22/2024	$425,000	-5.56%	Price Down
4/23/2024	$450,000		Listed Price

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3624 N Milwaukee Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $425,000 with a lot size of 0.07174. 3624 N Milwaukee Avenue is a studio with 0.0 baths and was built in 1922. 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/31/2024.

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3624 N Milwaukee Avenue

Commercial Property for sale in Chicago, IL

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