2320 Milwaukee Avenue, CHICAGO

$2,200,000

0 Beds
0 Baths
9 Sqft
0 Acres
0 Garages

Value-add mixed-use, 3-unit, 3-story building with ~3,100sf restaurant on first floor, ~3,000sf 2-bed 2-bath apartment on second floor, and ~3,000sf office on third floor. 2-minute walk to the California Blue Line and prominently situated on the exploding Milwaukee Ave corridor. Perfect opportunity for an owner/user or investor. The restaurant space will be available upon the sale of the building. An incidental liquor license is included in the price. Currently the rents are well below market. The restaurant currently uses the (large) basement for storage, however there is a great opportunity to utilize the space for commercial purposes. There is a fantastic opportunity to renovate and stabilize the building as it currently is, or get a zoning change and add multiple apartments on the second and third floors. The owners are open to lease offers for their restaurant space.

Essential Information
MLS® #10456035
Price$2,200,000
Square Footage9
Acres0.00
Year Built1906
TypeCommercial
Sub-TypeMixed Use
StatusContingent
Community Information
Address2320 Milwaukee Avenue
AreaCHI - Logan Square
CityCHICAGO
CountyCook
StateIL
Zip Code60647
Interior
HeatingForced Air
CoolingCentral Air
# of Stories1
Stories3
Listing Details
OfficeChicago Real Estate Resources
Property History
Status Changed from Active to Contingent
Status Changed from New to Active
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Listing information last updated on August 18th, 2019 at 10:20pm CDT.