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1255 North Milwaukee Avenue

1255 North Milwaukee Avenue, Chicago, IL 60622
Property in Wicker Park
1 Units For Sale
Unit for sale at 1255 N Milwaukee Avenue, Chicago, IL 60622

$3,400,000

  • Commercial
1255 N Milwaukee Avenue, Chicago, IL 60622 Listing by Anas Akhras

1255 North Milwaukee Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1908 and is 116 years old. The home has a total of 14 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1255 North Milwaukee Avenue has 14,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 4,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 1255 North Milwaukee Avenue was last assessed in 2023. The total value of the property was assessed at $142,000. Specifically, the land the property is located on was valued at $38,400. While improvements on the property were assessed at a total of $103,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $30,029. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221106
11/06/2022
Loft
-
-
$3,800,000
bedrooms
Loft
bathrooms
-
-
-
-
Anas Akhras
Homesmart Connect LLC

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 480
  • Total Building Area: 14,400
  • Gross Building Area: 14,400
  • Building Area: 14,400
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 14,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAUWANS & HOFFMANS
  • Land Acres: 0.11
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (BAUWANS) & (HOFFMANS) SUB OF PT EH NE SEC 06-39-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241500

Zoning

  • Zoning: B1-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-06-232-019-0000
  • Block: 3
  • Lot: 35
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9048
  • Longitude: -87.6682

    Address

  • Full Address: 1255 N Milwaukee Ave
  • Address - House Number: 1255
  • Street Direction: N
  • Address - Street Name: Milwaukee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C022
  • 4-Digit Zip Code: 9318
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,029
  • Tax Rate Code Area: 77068

    Market Valuation

  • Market Total Value: $1,420,000
  • Market Land Value: $384,000
  • Market Improvement Value: $1,036,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,000
  • Assessed Land Value: $38,400
  • Assessed Improvements Value: $103,600

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1255 North Milwaukee Avenue located in?
The 1255 North Milwaukee Avenue is a located in the neighborhood of Wicker Park in Northwest Side, Chicago.
How many listings are currently for sale in 1255 North Milwaukee Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1255 North Milwaukee Avenue?
The average sales price for units in 1255 North Milwaukee Avenue is $3,400,000 currently.

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