Ever dreamed of owning the loft from the movie BIG, but bigger and cooler?!?! Absolute unicorn of a property in River West right next to the Blue Line! Offered FULLY FURNISHED and zoned commercial. This stand alone property currently serves as a very profitable Airbnb with potential to serve as a stand-alone single family, live-work, long or short-term furnished rental, social media influencer content space, art gallery, professional/creative space and/or showroom, retail, ghost kitchen/food or drink establishment (subject to zoning and/or variance), private social club, corporate off/on-site for work or housing. The possibilities are absolutely endless! 3,208 interior/liveable square feet between the main level and loft space, plus a 2,522 SF full unfinished basement for storage needs or potential added finished square footage. Plus, a fully unfinished private rooftop with brand new roof. Brand new dual zoned HVAC system. One rental space is included in the attached parking lot next door for $300/month. Additional rental parking available. Cash or commercial financing. Perfect for an end-user of investor. Land is buildable for one retail space and three residential units. Current building is highest and best use. Great institutional hold as well for various uses.
Active
Price cut: $50K (10/13)
$1,400,000
815 N Milwaukee Ave, Chicago, IL 60642
4beds
3,208sqft
Single Family Residence
Built in 1916
2,500 Square Feet Lot
$1,367,600 Zestimate®
$436/sqft
$-- HOA
What's special
- 117 days
- 1,713
- 135
Zillow last checked:
Listing updated:
Listed by:
John Federici (773)615-9896,
Compass,
William Fisher,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12704009
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Sitting Room, Loft
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Area: 234 Square Feet
- Dimensions: 18X13
Bedroom 2
- Features: Flooring (Hardwood)
- Area: 80 Square Feet
- Dimensions: 10X8
Bedroom 3
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 4
- Features: Flooring (Hardwood)
- Area: 84 Square Feet
- Dimensions: 7X12
Dining room
- Area: 132 Square Feet
- Dimensions: 12X11
Kitchen
- Features: Flooring (Hardwood)
- Area: 144 Square Feet
- Dimensions: 8X18
Living room
- Features: Flooring (Hardwood)
- Area: 1035 Square Feet
- Dimensions: 23X45
Loft
- Features: Flooring (Hardwood)
- Area: 96 Square Feet
- Dimensions: 12X8
Sitting room
- Features: Flooring (Hardwood)
- Area: 260 Square Feet
- Dimensions: 13X20
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Unfinished,Full
- Number of fireplaces: 1
Interior area
- Total structure area: 0
- Total interior livable area: 3,208 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Off Street, Yes, Leased
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 2,500 Square Feet
- Dimensions: 25X100
Details
- Parcel number: 17054160090000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1916
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $436/sqft
- Annual tax amount: $18,995
- Date on market: 7/14/2026
- Ownership: Fee Simple
Estimated market value
$1,367,600
$1.30M - $1.44M
$6,278/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $1,400,000-3.4%$436/sqft |
Source:  MRED as distributed by MLS GRID #12704009 Report a problem | ||
| 9/20/2026 | Listed for sale | $1,450,000$452/sqft |
Source: MRED as distributed by MLS GRID #12704009 Report a problem | ||
| 8/7/2026 | Contingent | $1,450,000$452/sqft |
Source: MRED as distributed by MLS GRID #12704009 Report a problem | ||
| 7/14/2026 | Listed for sale | $1,450,000$452/sqft |
Source: MRED as distributed by MLS GRID #12704009 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Goose Island
Nearby schools
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