HISTORIC WICKER PARK RENOVATION
The property consists of three contiguous buildings totaling 18,450 gross SF. The 5,500 rentable SF of retail is 100% leased and the 12,950 gross SF of multi-family above is vacant. There is an unimproved land area in the rear of the property totaling 2,400 SF. Above the retail space is approximately 12,300 gross SF of multi-family space across two floors. The vintage apartments feature tall ceilings, light wells and large windows.
1422 Milwaukee is located approximately 3.5 miles northwest of the Chicago CBD in the Bucktown / Wicker Park neighborhood of Chicago, IL. As one of Chicago’s strongest retail corridors and most sought after residential areas, the property is located in a highly sought after market with significant barriers to entry. This portion of Milwaukee Avenue serves as the epicenter between Wicker Park and Bucktown, catering to thousands of retail customers on a daily basis.
