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Listing provided courtesy of Fulton Grace RealtyMREDas Distributed by MLSGrid- MLS# 12368950MLS Provider

4962 N Milwaukee AvenueChicago, IL 60630

Commercial · 2,000 Sq. ft.
$250,000 Active

4962 N Milwaukee Avenue Overview

Time on Site:
398 days
Visits:
58

Two Versatile Commercial Condo Storefronts Available in Prime Jefferson Park Location! Take advantage of this exceptional opportunity with two adaptable storefronts situated in the heart of Jefferson Park. Just steps from the Blue Line and with convenient access to the Kennedy Expressway, this location offers outstanding connectivity. Surrounded by a diverse mix of thriving businesses, you'll benefit from steady foot traffic and high visibility. Whether you're launching a new venture or expanding an existing one, this spacious setup can be tailored to your needs. One space is currently being used as a law office. Schedule a private showing and take the first step toward making this dynamic space your own!

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4962 N Milwaukee Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,000
  • Price/Sq.ft. $125

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2003

Business Information

  • Current Use: Office

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $14,706.00
  • Tax Year: 2022

General Information

  • Parcel Number: 13093180431009
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 2000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 2000

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 42 X 88
  • Lot Size Square Feet: 7513

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

4962 N Milwaukee Avenue Neighborhood

Community

60630 (Chicago) Demographics

40
Median Age
11,662
Population Density (per sq. mile)
49%
College Educated
$78,703
Estimated Median Income
13,868
Estimated Total Home Owners
7,000
Estimated Total Renters
66% / 34%
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.

4962 N Milwaukee Avenue Monthly Cost

$
$ %
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$
$
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.

4962 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$524,541
Average List Price
$355
Average Price per Square Foot
37
Properties Sold
32
Average Days on Market
83
Properties for Sale
Calculations provided by Reliance Network

4962 N Milwaukee Avenue History

Date Event Value Agent
4/30/2026Source: MRED Status Change
Active
4/25/2026Source: MRED Price Reduction
$250,000 -9.1%
4/25/2026Source: MRED Status Change
Price Change
6/1/2025Source: MRED Status Change
Active
5/27/2025Source: MRED Added to Database
May 27, 2025