Illinois / Chicago / 60630 / 4425 North Milwaukee Avenue

4425 North Milwaukee Avenue

Q: What is the asking price for 4425 North Milwaukee Avenue in Chicago?

The asking price for 4425 North Milwaukee Avenue is $3,200,000

Q: What is the building size of this Multifamily property in Chicago, IL?

The size of the building/unit at 4425 North Milwaukee Avenue in Chicago is 18,000 square feet.

Q: How much land does the Chicago, IL property at 4425 North Milwaukee Avenue include?

4425 North Milwaukee Avenue in Chicago includes 0.689 acres of land.

Q: What is the population within 1 mile of 4425 North Milwaukee Avenue?

The population within 1 mile of 4425 North Milwaukee Avenue Chicago, IL 60630 is 43,992 people.

Q: Who do I contact for questions about 4425 North Milwaukee Avenue?

You should contact the listing agent, Paul Tsakiris, for any details regarding this commercial listing.

Chicago, IL 60630

Listing ID: 203276

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4425 North Milwaukee Avenue Chicago, IL 60630 | for Sale | Photo 1

Building Size: 18,000 SF

Lot Size: 0.689 AC

Land Size: 30,012 SF

Building $/SF: $177.78

Land $/SF: $106.62

Price

$3,200,000

Description

Highlights
100% Occupied, 23 Unit Property 17 Apts and 6 Storefronts
Walking Distance to 2 CTA train stops and Metra. 2 Blocks from I-90/94 Highway.
Clean, large, spacious units with ability to add extra bedrooms.
New boilers, plumbing, electric (2018). Newer windows, porches, windows and tuck pointing!
Below market rents allow for additional upside!
Friendly Alderman.
Adjacent 100 x 125 lot is also available for sale.
Booming diagonal corridor!
Very high traffic counts exceeding 14,800 along Milwaukee Ave. and 19,800 on Montrose Ave
Description
Rare opportunity to purchase fully occupied, well maintained mixed use building in Chicago's beautiful Portage Park/Jefferson Park area on Milwaukee Avenue. Offered below market value and well below replaced cost.
Location
Located right off busy Milwaukee Ave, just north of Montrose with plenty of parking available.

Attachments & Files

offeringmemorandum-new-ICC-aIa.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Multifamily Housing for Sale

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Listing Demographics for 4425 North Milwaukee Avenue Chicago, IL 60630

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		43,992	402,405	1,028,983
Population Median Age		39	38	37
Population by Age	0-9 Yrs	5041 (11%)	49834 (12%)	130906 (12%)
	10-19 Yrs	4895 (11%)	48207 (11%)	113801 (11%)
	20-29 Yrs	5283 (12%)	55100 (13%)	153049 (14%)
	30-39 Yrs	7721 (17%)	66596 (16%)	178319 (17%)
	40-49 Yrs	6458 (14%)	56952 (14%)	141250 (13%)
	50-59 Yrs	5910 (13%)	50850 (12%)	125224 (12%)
	60-69 Yrs	4848 (11%)	41337 (10%)	99376 (9%)
	70+ Yrs	3836 (8%)	33529 (8%)	87057 (8%)

Median HH Income		$71,870	$65,915	$69,007
Total Household Income	< 24K	2630 (16%)	23400 (16%)	67154 (17%)
	25-49K	3175 (19%)	29544 (21%)	73668 (19%)
	50-74K	2593 (15%)	24794 (17%)	59592 (15%)
	75-99K	2265 (13%)	18334 (13%)	46850 (12%)
	100-199K	4338 (26%)	33650 (24%)	91083 (24%)
	200K+	1250 (7%)	9698 (6%)	36498 (9%)

Highest Education Level	No Diploma	3808	49290	105358
	Diploma or GED	7677	70730	162153
	Some College	5727	49586	118548
	Assoc. Degree	2286	18754	45086
	Bachelors Degree	7822	58967	180170
	Higher Degree	4485	32728	110598

Total Housing Units		18,058	152,881	410,826
--Owner-Occupied		9,627	78,044	201,612
--Renter-Occupied		6,625	61,375	173,232
Owner-Occupied Values	< 100K	348	2927	10051
	100-199K	1311	10750	28760
	200-299K	2754	25909	55630
	300-399K	3326	21385	48406
	400-499K	1188	8294	22966
	500K+	700	8780	35798

Total Working Age Population		36,155	324,229	828,246
In Work Force		24,755	221,607	571,640
Not In Work Force		11,400	102,622	256,606
Workforce Employed		23,413	210,108	542,432
Workforce Unemployed		1,305	11,325	28,896
Civlian Workforce		24,718	221,433	571,328
Military Workforce		37	174	312

Total Households		16,252	139,419	374,845
Family Households		10,408	92,755	232,406
Non-Family Households		5,844	46,665	142,438
Married Couple		7,498	65,503	165,691
Other Family		2,910	27,252	66,715
Married w/Child		3,455	28,948	72,835
Single Male w/Child		263	3,354	7,482
Single Female w/Child		732	8,045	21,109

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 4425 North Milwaukee Avenue in Chicago?

The asking price for 4425 North Milwaukee Avenue is $3,200,000

What is the building size of this Multifamily property in Chicago, IL?

The size of the building/unit at 4425 North Milwaukee Avenue in Chicago is 18,000 square feet

How much land does the Chicago, IL property at 4425 North Milwaukee Avenue include?

4425 North Milwaukee Avenue in Chicago includes 0.689 acres of land

What is the population within 1 mile of 4425 North Milwaukee Avenue in Chicago?

The population within 1 mile of 4425 North Milwaukee Avenue Chicago, IL 60630 is 43,992 people.

Who do I contact for questions about 4425 North Milwaukee Avenue?

You should contact the listing agent, Paul Tsakiris, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	8
Chicago Midway International Airport (MDW)	12
General Mitchell International Airport (MKE)	69