2890 North Milwaukee Avenue

Chicago, IL 60618

$650,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Very unique, vintage mixed use, on Milwaukee Ave in Avondale area... Heavy traffic, prime business area... First floor is commercial restaurant that features a high 12'-14' ceiling, huge kitchen with exhaust hood ventilation system , 4 bathrooms and hardwood floors... Total square footage of the building is over 6,000 ft of mixed use space... Above the restaurant, there are 2 good sized apartments, renting for $750 and $1,200 ... Commercial space is leased for $3,000 ... Behind the restaurant is...Very unique, vintage mixed use, on Milwaukee Ave in Avondale area... Heavy traffic, prime business area... First floor is commercial restaurant that features a high 12'-14' ceiling, huge kitchen with exhaust hood ventilation system , 4 bathrooms and hardwood floors... Total square footage of the building is over 6,000 ft of mixed use space... Above the restaurant, there are 2 good sized apartments, renting for $750 and $1,200 ... Commercial space is leased for $3,000 ... Behind the restaurant is another apartment with 2 bedrooms that need work and can have a potential income of between $1,200 & $1,500 per month... The building gives you lots of opportunities to create investments in condos, commercial property and etc... Look at the last pictures to verify the legal three flat with business and also you can see the plat of survey... Sold as is - as seen.
  1. Listed by Adam Matuszek • arhome realty

Sold By Fulton Grace Realty

Property Details for 2890 North Milwaukee Avenue

Area
CHI - Avondale
Township
Jefferson
Num Of Parking Spaces
0.0
Zoning
OTHER

Location

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LISTING UPDATED: 06/09/2022 01:21 PM

Property Details for 2890 North Milwaukee Avenue

StatusClosed
MLS #10594440
Days on Market297
Taxes$9,571 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1899
Lot Size0.11 AC / 4,725 SF
CountyCook County

Location

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Building Information for 2890 North Milwaukee Avenue

Stories-Residences4Year Built1899Lot Size0.11 AC / 4,725 SF

Payment Calculator

$4,345 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$798

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2890 North Milwaukee Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Northwest
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Exhaust Fan
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Flooring: Wood, Other
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Misc Inside: Private Restroom/s,Public Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X138+25X63 (SEE SURVEY)
  • Lot Size Square Feet: 4725.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Reflective Coating, Rubber
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5868
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Possible Use: Commercial, Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 2
  • Document Date: 2020-01-07T19:57:14
  • Photos Count: 16
Miscellaneous
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $4,950.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Expense Year: 2019
  • Total Annual Expense Source: Broker Projection
  • Total Monthly Income: 4950
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2890 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 2890 North Milwaukee Avenue

Taxable ValueLand$16,537Additions$44,203Total$60,740
Tax Record2022$11,830 ($986 / month)
Home Facts
Baths4Total Finished SqFt5,868 SqFtAbove Grade Finished SqFt5,868 SqFtStories2Lot Size4,725 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN13-26-223-004

Schools near 2890 North Milwaukee Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Monroe Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Aspira Charter - Bus and Fin
Charter9 to 12

ASPIRA Charter - Early College Pr
Charter9 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.

Similar Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of arhome realty

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 06/09/2022 01:21 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.