1760 N Milwaukee Avenue, Chicago, IL, 60647

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$7,250,000
73 Days Online

1760 N Milwaukee Avenue
Chicago, IL 60647

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
16,522
SqFt
$439
/SqFt
1914
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness

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1760 N Milwaukee Avenue1760 N Milwaukee Avenue1760 N Milwaukee Avenue1760 N Milwaukee Avenue
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The SVN Chicago Commercial Urban Team has been retained to exclusively represent the sale of 1760 North Milwaukee Avenue. This premier investment opportunity allows a Buyer to purchase the fee simple interest in a fully stabilized, single-tenant net lease investment property occupied by Royal Palms Shuffleboard Club with 10-years remaining on its lease term. In 2017 the 16, 522 square bow truss property underwent a complete renovation including exterior facade work, all new mechanical systems, and a brand new roof deck. 1760 North Milwaukee Avenue is leased by Royal Palms Shuffleboard Club; an Internet resistant, high-profit margin, strong income/cash flow, experiential retailer based in Brooklyn, New York. Additionally, the property contains corner billboard signage, which provides additional income. Due to the property's highly visible corner location (across the street from the 606 Trail) within the Wicker Park sub-market, accessibility to public transportation (Western and Damen Blue Line CTA Stations), and total land size (18, 289 SF); 1760 North Milwaukee Avenue provides for excellent residential development upside. The property's irreplaceable location is steps from the 606 Trail, across the street from Aldi, and surrounded by high-end apartments, condos, and single-family residences. The property is in the immediate vicinity of Wicker's Park's 6-corners intersection, which is home to The Robey hotel and retail's trendiest brands (Lululemon, Shinola Foxtrot, YETI, Burton, Levi's, Adidas, La Colombe, Carhart, Champion, Urban Outfitters, Crumbl Cookies, Jeni's Ice Creams, Sweetgreen, Free People, Barry's Bootcamp, Stan's Donuts, The North Face, Bluemercury, Trek, Diptyque and Aesop).

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Listing Snapshot
Price 
$7,250,000
Days Online 
73 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,522 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1914
MLS Number 
11466735
Status 
Active
Property Tax 
$141,728
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Number of Stories 
1
Zoning 
COMMR
Number Of Stories 
1
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
CHI - West Town
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2022-09-28 06:10 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2022-09-28 06:10 AM UTC
MRED DMCA Copyright Information Copyright © 2022 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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