Conventional Restaurant For
For Sale
$699,000
2830 N Milwaukee Ave, Chicago, IL 60618
Restaurant property offered for sale on N Milwaukee Avenue, suitable for an operator seeking an established food service space.
Property Size4,700 SF
Price / SF$148.72
Days on Market148
Property Features for 2830 N Milwaukee Ave
General Information
Standard status
Active
Size
4,700 SF
Site & Location
Neighborhood
Avondale
Building Details
Year Built
1993
Listing Agency:
T D Homes LLC
Listed By:
Teresa Mui
(630) 200-4525
Source:
Amyboston.realtopiare
Added: Jun 12
Changed: Oct 26
Last Checked: Nov 6 at 1:38PM
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 T D Homes LLC
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.
This listing is a conventional restaurant property offered for sale. It is presented as a commercial real estate restaurant use, intended for food service operations and restaurant concepts. Buyers and operators should evaluate the specific interior configuration, kitchen and dining layout, and any on-site improvements during their due diligence.
The property is located at 2830 N Milwaukee Avenue in Chicago, Illinois. Prospective tenants and buyers can review access and the surrounding retail and neighborhood context during site visits, including how the location supports walk-in traffic and visibility for a restaurant.
For a restaurateur, the asset provides a straightforward platform for operating a restaurant business, whether continuing an existing concept or adapting the space to a new menu and service style within the bounds of applicable regulations. For investors, it may be of interest as a restaurant-oriented commercial property, subject to verification of all lease, licensing, and permitting requirements, as well as the condition and functionality of the improvements. Interested parties should confirm allowable uses and requirements directly with the appropriate local authorities and during underwriting.
The property is located at 2830 N Milwaukee Avenue in Chicago, Illinois. Prospective tenants and buyers can review access and the surrounding retail and neighborhood context during site visits, including how the location supports walk-in traffic and visibility for a restaurant.
For a restaurateur, the asset provides a straightforward platform for operating a restaurant business, whether continuing an existing concept or adapting the space to a new menu and service style within the bounds of applicable regulations. For investors, it may be of interest as a restaurant-oriented commercial property, subject to verification of all lease, licensing, and permitting requirements, as well as the condition and functionality of the improvements. Interested parties should confirm allowable uses and requirements directly with the appropriate local authorities and during underwriting.
Key Highlights
- Restaurant property built in 1993
- Offered for sale on N Milwaukee Avenue
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,605
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 18%
Apparel 17%
McDonald's
Dining
33,587 visits/mo
0.3 miles
Gap
Apparel
9,772 visits/mo
0.1 miles
Bank of America
Shops & Services
8,903 visits/mo
0.1 miles
Giordano's
Dining
3,670 visits/mo
0.1 miles
GEICO Insurance Agent
Shops & Services
710 visits/mo
0.1 miles
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Restaurant property offered for sale on N Milwaukee Avenue, suitable for an operator seeking an established food service space.
Where is this conventional restaurant located?
The property is located at 2830 N Milwaukee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Restaurant property built in 1993; Offered for sale on N Milwaukee Avenue
