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Image 1 - 1515 N Milwaukee Ave, Chicago, Illinois, 60622 - House for sale
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Home For Sale In Chicago, Illinois
1515 N Milwaukee Ave, Chicago, Illinois, 60622

Home For Sale In Chicago, Illinois

house for sale
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Listed: 06/17/24

1515 N Milwaukee Ave, Chicago, Illinois, 60622

6 Bed:
6.5 Bath:
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Price
$ 1,8M

About This House

1515 N.Milwaukee Avenue is a four-unit multi-family building. All apartments are2BD / 2BAunits. Each apartment features individual HVAC, individual HW heater, and in-unit laundry. All apartments have the same layouts throughout the building. Three parking spaces on-site as well. Ground floor retail just signed a new 9-year NNN lease that expires in July of 2034 at market rent. Once new retail lease kicks in deal will be 7.8% CAP, 9.9X GRM,and 7.93% cash-on-cash return.

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Wicker Park Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.