$1,450,000

815 N Milwaukee Avenue, Chicago, IL 60642

4 beds |
3 baths |
3,208 sqft

Single-Family Home
Built in 1916
—— sqft lot
—— car garage
$452/sqft
Listed 10 days ago

Property 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 Status:: Active
Data Last Updated:: July 24, 2026 at 7:18AM
Listing Office:: Compass : 773-615-9896
Listing Agent:: John Federici : 773-615-9896
MLS ID:: 12704009

Rooms: Sitting RoomLoft
Laundry: In Unit
Basement: UnfinishedFull
A/C: Central Air
Heating: Natural GasForced Air
Fireplace: Fireplaces: 1
Disability Feature: None

Parking: AssignedOff StreetYesLeasedParking spaces: 1

General: 2 Stories

HOA Amenities: Not Applicable
Originating MLS: mred
School District: 299
County: Cook

Zoning: 17054160090000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of John Federici , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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