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
$1,450,000
815 N Milwaukee Ave, Chicago, IL 60642
4beds
3,208sqft
Single Family Residence
Built in 1916
2,500 Square Feet Lot
$1,397,700 Zestimate®
$452/sqft
$-- HOA
What's special
- 6 days |
- 826 |
- 43 |
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)
- Level: Second
- Area: 234 Square Feet
- Dimensions: 18X13
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Bedroom 3
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 4
- Features: Flooring (Hardwood)
- Level: Main
- Area: 84 Square Feet
- Dimensions: 7X12
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Kitchen
- Features: Flooring (Hardwood)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 8X18
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 1035 Square Feet
- Dimensions: 23X45
Loft
- Features: Flooring (Hardwood)
- Level: Second
- Area: 96 Square Feet
- Dimensions: 12X8
Sitting room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 260 Square Feet
- Dimensions: 13X20
Heating
- Natural Gas, 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: $452/sqft
- Annual tax amount: $18,995
- Date on market: 7/14/2026
- Ownership: Fee Simple
Estimated market value
$1,397,700
$1.33M - $1.47M
$3,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Goose Island
Nearby schools
GreatSchools rating
- 4/10Ogden Elementary SchoolGrades: PK-8Distance: 1.4 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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