815 N Milwaukee Avenue, Chicago IL 60642
- Beds 4
- Baths 2.1
- Taxes $18,995
- Payment Estimate View Mortgage Calculator
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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.
Features & Information
Key Details
- List Price $1,450,000
- Property Taxes $18,995
- Square Feet 0
- Year Built 1916
- Status Contingent
- Market Time 25
Rooms
- Total Rooms 9
- Number of Bedrooms 4
- Number of Bathrooms 2.1
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Primary Bedroom
- Room Size 18X13
- Floor Level Second
- Flooring Hardwood
- Primary Bathroom Full
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Bedroom 2
- Room Size 10X8
- Floor Level Main
- Flooring Hardwood
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Bedroom 3
- Room Size 14X12
- Floor Level Main
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Bedroom 4
- Room Size 7X12
- Floor Level Main
- Flooring Hardwood
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Living Room
- Room Size 23X45
- Floor Level Main
- Flooring Hardwood
-
Dining Room
- Room Size 12X11
- Floor Level Main
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Kitchen
- Room Size 8X18
- Floor Level Main
- Flooring Hardwood
Additional Rooms
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Sitting Room
- Room Size 13X20
- Floor Level Main
- Flooring Hardwood
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Loft
- Room Size 12X8
- Floor Level Second
- Flooring Hardwood
Interior Features
-
Heating & Cooling
- Heating Type Natural Gas, Forced Air
- Air Conditioning Central Air
-
Fireplace
- # of Fireplaces 1
Exterior Features
-
Building Information
- Age of Building 100+ Years
- Recent Rehab Yes
- Rehab Year 2023
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Parking
- # of Cars 1
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Milwaukee Ave Just North Of Chicago Ave
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
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Property Taxes
- Tax 18995.27
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 17054160090000
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Lot Information
- Lot Size Less Than .25 Acre
Listed by John Federici for Compass | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/1/2026 5:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore River West
River West is a relatively new Chicago neighborhood. Once considered part of River North, it is now a viable, thriving community of its own. In recent years the construction of mid-rise condominiums in River West has attracted residents who desire a little more peace and quiet, without moving too far from downtown. In the style of transforming an old warehouse district into a viable residential neighborhood, River West is full of converted loft spaces and condos, which happen to be prime real estate on Chicago's housing market. Trendy designs and upgraded amenities have become the norm for this hip, new community. Fashionable restaurants and nightspots have also materialized, but local residents aren't the only ones frequenting these ultra-cool hangouts. River West dining and nightlife is known to attract Chicagoans from outside the neighborhood, which means it is best to make reservations whenever possible!
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