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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.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
| 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 |