4530 North Milwaukee Avenue

Chicago, IL 60630

$948,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Jarrett Fradin • Strauss Realty Ltd

Property Details for 4530 North Milwaukee Avenue

Area
CHI - Portage Park

Location

Listing Courtesy of Strauss Realty Ltd
Add your commute
LISTING UPDATED: 03/29/2024 02:28 PM

Property Details for 4530 North Milwaukee Avenue

StatusPending
MLS #11382621
Days on Market726
Taxes$6,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1910
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of Strauss Realty Ltd
Add your commute

Building Information for 4530 North Milwaukee Avenue

Stories-Residences2Year Built1910Lot Size0.07 AC / 3,000 SF

Payment Calculator

$5,704 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,174

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4530 North Milwaukee Avenue

General Information
Addtl Parking Information
  • Indoor Parking: Detached
  • Open Parking Spaces: 1.0
Location and General Information
  • Geographic Locale: Chicago North,Chicago Northwest
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Other
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 24'X125'
  • Lot Size Square Feet: 3000.0
  • Stories: 2
  • Fire Protection: Other
  • # Of Offices: 1
  • Retail SqFt: 3050
  • # Of Stores: 1
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-07-17T18:44:54
  • Photos Count: 27
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 4530 North Milwaukee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4530 North Milwaukee Avenue

Taxable ValueLand$8,514Additions$26,485Total$34,999
Tax Record2022$6,495 ($541 / month)
Home Facts
Baths3Total Finished SqFt2,742 SqFtAbove Grade Finished SqFt2,742 SqFtStories2Lot Size3,041 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN13-16-121-015

Schools near 4530 North Milwaukee Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Portage Park Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Vaughn Occupational High School
Public9 to 12

Rickover Naval Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Strauss Realty Ltd

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.