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Listing provided courtesy of T D Homes LLCMREDas Distributed by MLSGrid- MLS# 12674538MLS Provider

2830 N Milwaukee AvenueChicago, IL 60618

Commercial · 4,700 Sq. ft. | 0.07 Acres
$800,000 Active

2830 N Milwaukee Avenue Overview

Time on Site:
19 days
Visits:
2

Excellent 2-unit investment property zoned B2-2 for maximum flexibility, located at the corner of Diversey and Kimball on Milwaukee Ave, a very busy corridor near Avondale in the Logan Square area. This location has strong street traffic and high visibility. The main level currently houses an established high-end Chinese restaurant on a month to month lease, and the second floor offers the same square footage of space but is currently used as storage/office. Way below-market rent gives the future owner room to grow and many options to either occupy themselves or offer to a new tenant(s). This is an exceptional opportunity for any investor as buildings of this quality, with all mechanicals and structure ready to go, in this area very rarely become available - the perfect blank slate for any business or investor looking for 4700 SF of quality space in a quality area.

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2830 N Milwaukee Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,700
  • Price/Sq.ft. $170
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 51600
  • Gross Scheduled Income: 51600
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1993

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Avondale
  • Township: Jefferson

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Repairs, Trash Collection

Tax Information

  • Tax Annual Amount: $24,073.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13262250090000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4700

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x125
  • Lot Size Square Feet: 3125

Building Exterior/Construction

  • Construction Materials: Block, Brick Veneer

General Information

  • Number Of Units Total: 2

2830 N Milwaukee Avenue Neighborhood

Community

60618 (Chicago) Demographics

34
Median Age
18,700
Population Density (per sq. mile)
56%
College Educated
$85,443
Estimated Median Income
17,732
Estimated Total Home Owners
18,219
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2830 N Milwaukee Avenue Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2830 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$953,321
Average List Price
$467
Average Price per Square Foot
59
Properties Sold
71
Average Days on Market
156
Properties for Sale
Calculations provided by Reliance Network

2830 N Milwaukee Avenue History

Date Event Value Agent
6/15/2026Source: MRED Status Change
Active
6/10/2026Source: MRED Added to Database
June 10, 2026