815 N Milwaukee Avenue, Chicago, IL
  • $1,450,000

Description

Ever dreamed of owning the loft from the movie BIG, but bigger and cooler?!?! Absolute unicorn of a property in River West right next to the Blue Line! Offered FULLY FURNISHED and zoned commercial. This stand alone property currently serves as a very profitable Airbnb with potential to serve as a stand-alone single family, live-work, long or short-term furnished rental, social media influencer content space, art gallery, professional/creative space and/or showroom, retail, ghost kitchen/food or drink establishment (subject to zoning and/or variance), private social club, corporate off/on-site for work or housing. The possibilities are absolutely endless! 3,208 interior/liveable square feet between the main level and loft space, plus a 2,522 SF full unfinished basement for storage needs or potential added finished square footage. Plus, a fully unfinished private rooftop with brand new roof. Brand new dual zoned HVAC system. One rental space is included in the attached parking lot next door for $300/month. Additional rental parking available. Cash or commercial financing. Perfect for an end-user of investor. Land is buildable for one retail space and three residential units. Current building is highest and best use. Great institutional hold as well for various uses.

  • Listing Courtesy of: Compass

Details

Updated on July 15, 2026 at 9:40 am
  • Property ID MRD12704009
  • Price $1,450,000
  • Property Size 2500 Sq Ft
  • Bedrooms 4
  • Bathrooms 2
  • Year Built 1916
  • Property Type Single Family
  • Property Status Active
  • Parking Total 1
  • Parcel Number 17054160090000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status New
  • Co List Agent MLS ID MRD882251
  • Fire Places Total 1
  • Cumulative Days On Market 1
  • Tax Annual Amount 18995.27
  • Cooling Central Air
  • Heating Natural Gas,Forced Air
  • Parking Features Assigned,Off Street,Yes,Leased
  • Directions MILWAUKEE AVE JUST NORTH OF CHICAGO AVE
  • Association Fee Frequency Not Applicable
  • Bathrooms Half 1
  • Address 815 N Milwaukee Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60642
  • Country United States

Overview

Property ID: MRD12704009
  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2500 Sq Ft
  • Area Size
  • 1916
  • Year Built

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