Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Gil & Gil Group Corp.MREDas Distributed by MLSGrid- MLS# 12551987MLS Provider

4022 N Milwaukee AvenueChicago, IL 60641

Commercial · 4,720 Sq. ft.
$689,000 Active

4022 N Milwaukee Avenue Overview

Time on Site:
159 days
Visits:
5

Great opportunity to run own business. Fully equiped, small store front, security system with cameras rental income 2500, second floor apartment is rented 1600, bakery equipment included, but can be like it was a restaurant more than 10 years ago. Cal LA for appointments. Short notice for store, 24 hrs for apt.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4022 N Milwaukee Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,720
  • Price/Sq.ft. $146

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Operating Expense: 0

Business Information

  • Business Type: Food & Beverage

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park

Rent/Lease Information

  • Lease Expiration: 2027-06-30
  • Tenant Pays: Electricity, Heat, Varies by Tenant, All Utilities

Tax Information

  • Tax Annual Amount: $8,503.99
  • Tax Year: 2024

General Information

  • Parcel Number: 13164300150000
  • Possible Use: Commercial
  • Property Type: Business Opportunity

Interior

Building Interior

  • Building Area Total: 4720

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 2100

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 30X120
  • Lot Size Square Feet: 3600

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Reflective Coating

4022 N Milwaukee Avenue Neighborhood

Community

60641 (CHICAGO) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
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.

4022 N Milwaukee Avenue Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* 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.

4022 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

4022 N Milwaukee Avenue History

Date Event Value Agent
2/11/2026Source: MRED Status Change
Active
2/6/2026Source: MRED Price Reduction
$689,000 -1.4%
2/6/2026Source: MRED Status Change
Price Change
1/26/2026Source: MRED Status Change
Active
1/21/2026Source: MRED Added to Database
January 21, 2026