Single-Story Restaurant
1559 N Milwaukee Ave., Chicago, IL 60642
For Sale
Contact for pricing
A fully leased restaurant property near CTA Blue Line service and multiple bus routes.
Property Size2,950 SF
Price / SF$700
Days on Market16
Property Features for 1559 N Milwaukee Ave.
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Seneca Real Estate Group
Listed By:
Joe Padorr · License IL #475142710
(312) 316-2300
Source:
Crexi
Added: Oct 30
Changed: Nov 10
Last Checked: Nov 12 at 5:40AM
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 Seneca Real Estate Group
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Investment Insights
Based on property information with market context.
This single-story restaurant building contains 2,950 square feet on a site of just over 3,000 square feet. Constructed in 1914, it underwent renovations in 2021 and 2026. The property is fully leased, with Port Union identified as its current restaurant tenant; the building has served restaurant uses for many years.
Located on North Milwaukee Avenue in Chicago’s Wicker Park area, the property is near a CTA Blue Line station and bus routes. The surrounding district includes restaurants, cafes, bars, entertainment venues, boutique retail, and national retailers.
Located on North Milwaukee Avenue in Chicago’s Wicker Park area, the property is near a CTA Blue Line station and bus routes. The surrounding district includes restaurants, cafes, bars, entertainment venues, boutique retail, and national retailers.
Key Highlights
- Single‑story building with 2,950 square feet
- Site area is just over 3,000 square feet
- Built in 1914; renovated in 2021 and 2026
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5,788
Businesses Nearby
357k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 27%
Dining 27%
Shops & Services 21%
Apparel 9%
Jewel-Osco
Groceries
65,395 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
48,824 visits/mo
0.2 miles
Aldi
Groceries
32,222 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.4 miles
Jeni's Splendid Ice Creams
Dining
11,621 visits/mo
0.1 miles
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Chicago, IL
Properties on Market for Conventional restaurants in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A fully leased restaurant property near CTA Blue Line service and multiple bus routes.
Where is this conventional restaurant located?
The property is located at 1559 N Milwaukee Ave. Chicago, IL.
What is the asking price?
The asking price for this property is $2,065,000.
What are key features of this property?
This property features: Single‑story building with 2,950 square feet; Site area is just over 3,000 square feet; Built in 1914; renovated in 2021 and 2026
