NOT LISTED FOR SALE

1887 N Milwaukee Ave Chicago, IL 60647

Bucktown Neighborhood
0.51 Acre
-- Price per Acre
22,216 Sq Ft Lot

Sale Details

Date Sold: January 3, 2025

Last sale price $1,220,000

17 Days on Market

About This Lot

As of January 2025

Builders, developers and investors!!! Presenting a great opportunity in the heart of Bucktown!! Plans per plans and permits ready-to-go for a new construction, mixed-use building on this 66 x 100 lot!! A tenant has already identified for the ground floor commercial and initial terms have been agreed upon. The second and third floor units are designed with six 3 bedroom / 2 bathroom condos or rentals and there are 3 outdoor parking spaces as well. For rental comps, check the building directly next door at 1779 Milwaukee. This is steps from the six corners of North, Damen and Milwaukee with tons of restaurants and shops, the 606 trail, the blue and easy access to 90/94. Close and start digging!

Last Agent to Sell the Property

Danny Glick

@properties Christie's International Real Estate License #475107285 Listed on: 10/29/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jordan Euson

Compass License #475155428

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,351

Lot Details

  • Lot Dimensions are 66 x 100
  • Additional Parcels

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$37,351

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 66 X 100
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 37351.38
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Dec 26, 2024
Sold by
Bought by
Seller's Agent
Danny Glick
@properties Christie's International Real Estate
Buyer's Agent
Jordan Euson
Compass
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
0.0597%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0638%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,220,000 None Listed On Document
-- --
-- Greater Illinois Title
$1,225,000 None Available
-- Cti
-- M G R Title
-- --
$700,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,000,000
Previous Owner $1,230,000
Previous Owner $550,000
Previous Owner $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $1,220,000 -6.2% --
11/15/2024 11/15/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $1,300,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,628 $78,670 $27,500 $51,170
2024 $12,628 $55,644 $27,500 $28,144
2023 $19,517 $58,017 $16,500 $41,517
2022 $19,517 $91,986 $16,500 $75,486
2021 $12,031 $58,017 $16,500 $41,517
2020 $9,500 $41,220 $16,500 $24,720
2019 $10,987 $52,853 $16,500 $36,353
2018 $10,770 $52,853 $16,500 $36,353
2017 $10,356 $46,557 $9,350 $37,207
2016 $9,673 $46,557 $9,350 $37,207
2015 $8,868 $46,557 $9,350 $37,207
2014 $9,231 $47,778 $9,350 $38,428
2013 $9,076 $47,778 $9,350 $38,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12199449

Midwest Real Estate Data (MRED)

APN: 14-31-300-049-0000

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