Renovated Breakfast
For Sale
Contact for pricing
Pending
1359 N Milwaukee Ave, Chicago, IL 60622
Leased restaurant storefront with upgraded electrical and plumbing systems, decorative finishes, and prominent signage.
Property SizeContact for details
Days on Market142
Property Features for 1359 N Milwaukee Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Susan Silver · License #IL 471.013658x
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 2:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties R/E
Investment Insights
Based on property information with market context.
This 2,500-square-foot restaurant occupies a renovated storefront with a contemporary interior package that includes black iron detailing and decorative tile. Electrical and plumbing systems have been updated, and prominent signage supports the property’s retail presentation. The restaurant is currently leased to Cracked, a fast-casual breakfast restaurant chain, under a net lease structure reflected by a 7% cap rate.
The property is located at 1359 N Milwaukee Ave in Chicago’s Wicker Park, near the intersection of Milwaukee, North Avenue, and Damen Avenue. The surrounding area includes nightlife, independent shops and boutiques, dining establishments, and entertainment venues. Frontage along Milwaukee Avenue and pedestrian activity further define the setting.
The property is located at 1359 N Milwaukee Ave in Chicago’s Wicker Park, near the intersection of Milwaukee, North Avenue, and Damen Avenue. The surrounding area includes nightlife, independent shops and boutiques, dining establishments, and entertainment venues. Frontage along Milwaukee Avenue and pedestrian activity further define the setting.
Key Highlights
- 2,500‑square‑foot renovated restaurant storefront
- Currently leased to Cracked, a fast‑casual breakfast restaurant chain
- 7% cap rate with a net lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,152
Businesses Nearby
377k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 20%
Groceries 17%
Apparel 9%
Jewel-Osco
Groceries
65,395 visits/mo
0.2 miles
Barnes & Noble
Shops & Services
48,824 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.2 miles
Wendy's
Dining
29,664 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,777 visits/mo
0.4 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Chicago-Themed Airbnb — 830 N Hermitage Ave, Chicago, IL 60622
- The Perch Kitchen and Tap — 1932 W Division St, Chicago, IL 60622
- Cracked on Milwaukee — 1359 N Milwaukee Ave, Chicago, IL 60622
- Cafe Robey — 1600 N Milwaukee Ave, Chicago, IL 60647
- Stanley's Grill — 1543 N Elston Ave, Chicago, IL 60642
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Leased restaurant storefront with upgraded electrical and plumbing systems, decorative finishes, and prominent signage.
Where is this breakfast & diner located?
The property is located at 1359 N Milwaukee Ave Chicago, IL.
What are key features of this property?
This property features: 2,500‑square‑foot renovated restaurant storefront; Currently leased to Cracked, a fast‑casual breakfast restaurant chain; 7% cap rate with a net lease structure
