Pending

4530 N Milwaukee Avenue

Chicago IL, 60630

$948,000


Pending

Commercial

Built in 1910

Courtesy of Strauss Realty Ltd

Value add opportunity! Mixed-use building with oversized lot. Home of the established Chicago icon, The Windsor Tavern (20+ years in operation). Real estate, assets and licenses included in sale!! Located on the hard corner of Milwaukee and Windsor Ave., the mixed-use property includes a 3-bedroom apartment and tavern with a year-round beer garden. Bar is 1,250 SF. Enclosed and heated Outdoor Beer Garden is 1,800 SF. There is a full basement with office, bars, liquor room, and dry storage area. The existing sidewalk cafe with 35 seats can be doubled. Brunswick bar with 10-tap (glycol) beer system. Occupancy 100+ for the business. Licenses include Tavern, Incidental Liquor, Retail Food, Beer Garden, and Outdoor Sidewalk Cafe! 1 car garage for parking. Zoning B3-1. Zoning allows for a full second-floor expansion. Existing footings and foundation in place. Newly expanded kitchen with walk-in and prep areas in 2019. New roof in 2020! New sump pump system. SUPER RARE OPPORTUNITY - DO NOT MISS! OPERATING BUSINESS. DO NOT DISTURB.

11382621

MLS ID

April 22, 2022

Listed

March 30, 2024

Updated

Map

4530 N Milwaukee Avenue
Chicago IL, 60630

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Individual


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres

Other Property Details

Area Name

CHI - Portage Park


Taxes

$6,368


Tax Frequency

Annually


Days on Market

708


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

2% - $250

Listing History

Date

Event

Price

3/29/2024

Pending

Courtesy of Strauss Realty Ltd, Jarrett Fradin,
Listing Contact: 773-736-3600 

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Data last updated 1:06 PM UTC, 3/30/2024

 

 

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