1136 N Milwaukee Avenue, Chicago, IL 60642

• 5,850 sqft

Property Description

Well-kept mixed-use property in the highly desirable East Wicker Park / West Town corridor. Situated on bustling Milwaukee Ave near Division, this B3-2 zoned building provides excellent opportunities for investors, developers, or owner-occupiers. The property features a spacious commercial area with soaring ceilings, four residential units above-also with high ceilings-and an extra garage unit. This combination creates multiple income streams and strong long-term growth potential. A proven rental history delivers immediate stability, with opportunities to increase returns through modest improvements. Its true appeal lies in its adaptability. Maintain it as a high-performing residential multi-unit, enhance the commercial footprint, or transform the entire property into something new. Possibilities include a signature restaurant with rooftop seating, boutique mixed-use development, creative office space, upscale rentals, or a one-of-a-kind live/work concept. Located just steps from the Blue Line and close to premier dining, shopping, and nightlife, with easy access to the expressway and downtown, this location adds significant value. A rare chance to acquire a versatile asset in one of Chicago's fastest-growing and most sought-after neighborhoods-ready for your vision.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 12:20AM

Listing Office:

eXp Realty : 312-888-9395

Listing Agent:

Ryan Casper : 773-341-2750

MLS ID:

12599833

Interior

• A/C: Window Unit(s)

Location

• Originating MLS: mred
• County: Cook

Lot

• Zoning: 17053010450000

Utilities

• Utilities: Other

Financial

• Source: mred