3055 North Milwaukee Avenue

Chicago, IL 60618

$1,149,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Hot Avondale / Logan Square rapidly developing neighborhood. New apartment and condo projects all around the area. Brand new roof and tuckpointing! Two (aprox.1694 sq ft EACH)large 3 bed/2 full baths apartments located on the 2nd and 3rd floor. Both totally remodeled and rented. Main floor has a grocery/deli equipped store front, recently lease for 5 years. Some of the store equipment is a personal property of the current tenant and not included in the building price and some is included in the building...Hot Avondale / Logan Square rapidly developing neighborhood. New apartment and condo projects all around the area. Brand new roof and tuckpointing! Two (aprox.1694 sq ft EACH)large 3 bed/2 full baths apartments located on the 2nd and 3rd floor. Both totally remodeled and rented. Main floor has a grocery/deli equipped store front, recently lease for 5 years. Some of the store equipment is a personal property of the current tenant and not included in the building price and some is included in the building price. List will be provided upon request. Two levels (main floor and basement) of fully functional space. $200K (+)recently invested in high quality renovation. Tastefully decorated with quality finished. Super clean and well maintained. 4 walk in coolers and freezer, storage area, private office and prep area, loading area in rear, 6 street parking space on the side of the building. Great investment. Rents are high. Must see.
  1. Listed by Dorota Bartosiak • Chicagoland Brokers Inc.

Property Details for 3055 North Milwaukee Avenue

Area
CHI - Avondale
Township
Jefferson
Num of Interior Fireplaces
0

Location

Listing Courtesy of Chicagoland Brokers Inc.
Add your commute
LISTING UPDATED: 03/25/2024 12:06 AM

Property Details for 3055 North Milwaukee Avenue

StatusActive
MLS #11970510
Days on Market112
Taxes$11,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1932
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Chicagoland Brokers Inc.
Add your commute

Building Information for 3055 North Milwaukee Avenue

Stories-Residences3Year Built1932Lot Size0.07 AC / 3,125 SF

Payment Calculator

$7,252 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,271

Property Taxes

$982

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3055 North Milwaukee Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: None On Site,Fee Parking,Parking-Street
Location and General Information
  • Frontage Type: City Street, Easement
  • Geographic Locale: Chicago Northwest
  • Information: Show-Call Listing Office
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Partial
  • Electric: Circuit Breakers, Fuses, Separate Meters
  • Flooring: Concrete, Vinyl, Wood
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas,Hot Water
  • # Of Window/Ac: 0
  • # Of Refrigerators: 2
  • # Of Dryers: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 30X130
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: None
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 7920
  • # Of Offices: 0
  • Other SqFt: 2050
  • Retail SqFt: 2050
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail, Special Use
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 32
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $104,726.00
  • Gross Scheduled Income: $104,726.00
  • Insurance Expense: $4,489.00
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2023
  • Total Monthly Income: 8727
  • Net Operating Income: $88,458.00
  • Operating Expense: $4,489.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3055 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 3055 North Milwaukee Avenue

Taxable ValueLand$10,937Additions$46,138Total$57,075
Tax Record2022$11,779 ($982 / month)
Home Facts
Baths3.5Total Finished SqFt5,870 SqFtAbove Grade Finished SqFt5,870 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1932CountyCOOKAPN13-26-111-001

Schools near 3055 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
Reilly 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.

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3055 North Milwaukee Avenue is a mixed use property for sale in Chicago, IL 60618. This property was listed for sale on January 30, 2024 by Chicagoland Brokers Inc., it's currently listed at $1,149,000. It has been on the market for a total of 112 days and was last sold on September 19, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Reilly Elementary School, Schurz High School and Aspira Charter - Bus and Fin. 3055 North Milwaukee Avenue is a 0-bed, 0-bath, mixed use property built in 1932.

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 Chicagoland Brokers Inc.

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.