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1760 N Milwaukee Ave
Chicago, IL 60647
Retail Property For Sale
Investment Highlights
- Fully stabilized single tenant net lease investment offering with annual rent escalations, 10 years of remaining lease term
- Strong operator in Royal Palms Shuffleboard Club; Internet-proof retail entertainment concept, strong annual sales and high-profit margin
- Highly desirable bow-truss construction building with large fully built out rooftop deck with lighting, heating, bar & entertainment
- Excellent signalized corner Wicker Park location steps from 606 Trail
- Business successfully operated through Covid-19 pandemic. Corner advertising signage lease provides additional property income
- Full renovation in 2017 included interior buildout, new windows, new mechanical systems, a new roof, and roof deck penthouse
Property Facts
Property Type
Retail
Building Size
16,600 SF
Building Class
C
Year Built/Renovated
1929/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.42 AC
Zoning
B3-2
Parking
4 Spaces (0.24 Spaces per 1,000 SF Leased)
Frontage
219’ on Milwaukee Ave
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Signage
- Signalized Intersection
- Roof Terrace
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $263,038 | |
| Land Assessment | $219,102 | Total Assessment | $482,140 |
Property Taxes
Parcel Numbers
Land Assessment
$219,102
Improvements Assessment
$263,038
Total Assessment
$482,140
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