3531 North Milwaukee Avenue

Chicago, IL 60641

$644,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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).
  1. Listed by Miguel Ruiz • Baird & Warner
  2. Listed by Scott Milliman • Baird & Warner

Property Details for 3531 North Milwaukee Avenue

Area
CHI - Irving Park
Township
Jefferson
Num Of Parking Spaces
18.0
Num of Interior Fireplaces
0
Zoning
COMMR

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 11/03/2023 03:03 AM

Property Details for 3531 North Milwaukee Avenue

StatusActive
MLS #11905725
Days on Market360
Taxes$4,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1956
Lot Size0.18 AC / 7,650 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 3531 North Milwaukee Avenue

Stories-Residences1Year Built1956Lot Size0.18 AC / 7,650 SF

Payment Calculator

$3,890 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,515

Property Taxes

$375

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3531 North Milwaukee Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Northwest
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Service - 201 to 600 Amps, Power - 240V
  • Flooring: Concrete
  • # Of Washers: 0
  • Heat/Ventilation: Other
  • # Of Window/Ac: 0
  • # Of Refrigerators: 0
  • Washer/Dryer Lsd: No
  • Misc Inside: Heavy Floor Load,Overhead Door/s,Storage Inside
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Security Gate,Security Lighting
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 153X50
  • Lot Size Square Feet: 7650.0
  • Stories: 1
  • Exterior Building Type: Steel Siding, Combination
  • Construction: Concrete, Other
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Pitched
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • # Of Ranges: 0
  • # Of Stores: 2
  • Warehouse SqFt: 2084
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Industrial, Office and Research, Multi-Family
  • Docks: Drive-in Doors,Service Entrance
  • Public Document Count: 0
  • Photos Count: 40
Miscellaneous
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3531 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 3531 North Milwaukee Avenue

Taxable ValueLand$33,750Additions$6,851Total$40,601
Tax Record2022$8,381 ($698 / month)
Home Facts
Total Finished SqFt200 SqFtAbove Grade Finished SqFt200 SqFtStories1Lot Size7,500 SqFtStyleService StationYear Built1956CountyCOOKAPN13-22-402-014

Schools near 3531 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
Public - PK to 6
Charter - 7 to 12
Rating
School
Distance
Scammon Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Disney Ii Elementary School
PublicPK to 6

INTRINSIC CHARTER HIGH SCHOOL
Charter7 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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3531 North Milwaukee Avenue is a mixed use property for sale in Chicago, IL 60641. This property was listed for sale on October 17, 2023 by Baird & Warner, it's currently listed at $644,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Scammon Elementary School, Schurz High School and Disney Ii Elementary School. 3531 North Milwaukee Avenue is a 0-bed, 0-bath, mixed use property built in 1956.

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 Baird & Warner

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.