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1359 N Milwaukee Ave
Chicago, IL 60622
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • High-Demand Wicker Park Location
  • Occupied by Cracked Corporation
  • Double Net Lease- Landlord Only Responsible for Roof & Structure
  • One-Story Building Plus Full Basement
  • Brand New Five-Year Lease
  • Property Fully Renovated to Highest Standards in 2014.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
C
Year Built
1888
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.06 AC
Zoning
B1-2
Frontage
93’ on Milwaukee Ave

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Air Conditioning
  • Smoke Detector

ABOUT 1359 N MILWAUKEE AVE , CHICAGO, IL 60622

Marcus & Millichap is proud to present a fully-leased retail building at 1359 North Milwaukee Avenue primely located in the buzzing Wicker Park/Bucktown neighborhood of Chicago, Illinois. Cracked Corporation, a successful Midwestern emerging fast-casual restaurant chain offering full day breakfast, has signed a brand-new five year lease at the property, with two, five-year options to renew. Cracked has broken into the Wicker Park dining scene with a splash, receiving an average of 4.5 stars on Yelp and Google respectively since their opening in the fall of 2019. Cracked, founded in the college-town of Champaign, Illinois, has perfected its model of serving a delicious, healthy all-day breakfast menu to millennials and young professionals through food-trucks and brick and mortar outlets. The subject property underwent a gut rehab in 2014 to very high standards and is practically a new, modern restaurant with black iron, electric, plumbing, restrooms, decorative tiling, low-voltage wiring, laundry, etc. Usable area includes ground floor and large basement. This is a prime location with high foot and vehicle traffic count, with strong demographics in the immediate area. Additionally, this location is a one-minute walk to Chicago Transit Authority’s (CTA) 56 bus stop, and a nine-minute walk to CTA’s 50 and 72 bus stops, and CTA’s Damen or Division Blue Line train stops.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-06-219-040-0000
Land Assessment
$30,000
Improvements Assessment
$55,750
Total Assessment
$85,750
  • Listing ID: 17692947

  • Date on Market: 11/11/2019

  • Last Updated:

  • Address: 1359 N Milwaukee Ave, Chicago, IL 60622

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