301 N Milwaukee Ave
Buffalo Grove, IL 60089
Retail Property For Sale

Baum Realty Group has been exclusively retained to market for sale a freestanding restaurant building consisting of ±8,963 square feet located at 301 N. Milwaukee Avenue in Buffalo Grove, IL. The total land area of the property is ±39,494 square feet (0.91 acres) and has a total of ±340 linear feet of frontage on Milwaukee Avenue, which is attractive as-is or for a redevelopment. The restaurant has ample parking for its customers boasting ±100 surface spaces. The space is currently occupied by Grill on the Rocks, but the tenant will vacate upon sale. The property recently underwent a $600,000+ renovation that included carpentry, electrical, equipment, hoods / fans, HVAC, landscaping, windows and roofing. The trade area serves numerous residential neighborhoods and adjacent municipalities. Milwaukee Avenue is a major thoroughfare with 37,200 vehicles per day while the intersection of Milwaukee and Lake Cook experiences 84,000+ vehicles per day. There is a population of 216,000+ people and a daytime population of 254,000+ people within 5-miles. Also within 5-miles is an estimated 83,345 households with an average household income of $118,703.