O'Neil Property Group

Search Homes for Sale in Chicago’s Western Suburbs

Save
Ask
Tour
Hide
Share
$1,600,000
8 Days On Site

1072 N Milwaukee Avenue
Chicago, IL 60642

For Sale|Land|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Meridian Real Estate Chicago LLC
1072 N Milwaukee Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright Β©2026 Information is deemed reliable but not guaranteed.

Prime redevelopment opportunity at 1072 N Milwaukee Avenue in Chicago's vibrant Milwaukee Avenue corridor. The property features a 5,227-square-foot lot zoned C1-3, offering exceptional potential for a mixed-use residential and commercial development. With a 3.0 Floor Area Ratio (FAR), the site provides approximately 15,682 square feet of allowable floor area and a projected development capacity of 14 residential units. C1-3 zoning permits a variety of commercial uses, including ground-floor retail with residential apartments above, creating an attractive opportunity for developers and investors. No ARO requirement. Ideally positioned along a highly desirable urban corridor, this property presents an opportunity to capitalize on strong neighborhood demand and continued investment in the surrounding area. All zoning, density, permitted uses, and development potential are subject to independent verification with the City of Chicago.

Save
Ask
Tour
Hide
Share
Listing Snapshot
PriceΒ 
$1,600,000
Days On SiteΒ 
8 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12783193
StatusΒ 
Active
Property TaxΒ 
$6,677
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
UtilitiesΒ 
Natural Gas Available
Interior Features
Laundry FeaturesΒ 
None
Save
Ask
Tour
Hide
Share
Exterior Features
FrontageΒ 
48.1
Community Features
MLS AreaΒ 
CHI - West Town
School DistrictΒ 
299
TownshipΒ 
West Chicago
RoadsΒ 
Concrete
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Meridian Real Estate Chicago LLC



Based on information submitted to the MLS GRID as of 2026-10-21 07:27 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-21 07:27 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share