Mixed-Use Property with
2599 North Milwaukee Avenue, Chicago, IL 60647
For Sale
Contact for pricing
Restaurant and bar space is paired with an upstairs apartment and basement storage.
Property SizeContact for details
Days on Market27
Property Features for 2599 North Milwaukee Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Restaurant
Hood Type
Commercial Hood
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Floor
Asking Price
Listing Agency:
Kain Real Estate
Listed By:
Allan Perales · License #478.027563
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 6:04PM
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 Kain Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 2599 North Milwaukee Avenue, the mixed-use property combines a ground-floor restaurant with a second-floor apartment and basement. The restaurant occupies approximately 1,950 square feet, with 1,382 square feet of basement space that includes a large walk-in cooler. The 2,339-square-foot apartment has three bedrooms and two bathrooms. Restaurant improvements include a 20-foot Type I black iron exhaust hood rated at 5,600 CFM, 400-amp electrical service, 10 tons of HVAC capacity, natural gas, a 30-foot bar, a retractable storefront and 12-foot ceilings. The stated occupancy capacity is 99 persons.
The existing lease has approximately eight years remaining; assignment is subject to verification and landlord approval.
The existing lease has approximately eight years remaining; assignment is subject to verification and landlord approval.
Key Highlights
- Approximately 1,950 SF of ground‑floor restaurant space
- 2,339 SF second‑floor apartment with three bedrooms and two bathrooms
- 1,382 SF basement with substantial storage and a large walk‑in cooler
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,912
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 24%
Apparel 11%
Electronics 4%
McDonald's
Dining
33,587 visits/mo
0.1 miles
Gap
Apparel
9,772 visits/mo
0.3 miles
Bank of America
Shops & Services
8,903 visits/mo
0.3 miles
sweetgreen
Dining
4,829 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,278 visits/mo
0.5 miles
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and bar space is paired with an upstairs apartment and basement storage.
Where is this mixed-use property located?
The property is located at 2599 North Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 1,950 SF of ground‑floor restaurant space; 2,339 SF second‑floor apartment with three bedrooms and two bathrooms; 1,382 SF basement with substantial storage and a large walk‑in cooler
