Property profile

5645 Milwaukee Ave Chicago, IL 60646

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

This exceptional turnkey business opportunity in Chicago, Illinois, presents a fully operational daycare center located at 5645 N. Milwaukee Ave, zip code 60646, Cook County. Priced at $1,388,000, this retail property boasts five spacious classrooms, a large fenced playground with synthetic turf, and a fully equipped commercial kitchen. Currently operating at 75% capacity, the center benefits from a strong, existing staff and positive online reviews. The property's high-visibility location within a safe and secure environment ensures continued success. The significant investment already made in building and equipping the center offers a cost-effective alternative to new construction. All necessary infrastructure for a thriving business is in place. This presents a unique chance for an entrepreneur to acquire a profitable, established business with significant growth potential, providing a valuable service to the community. The property's square footage is 1 square foot, reflecting the land area and building size. This turnkey operation is ready for a new owner to maximize its potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Daycare Center
  • Daycare Center

Location

5645 Milwaukee Ave Chicago, IL 60646
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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