Property profile

2320 Milwaukee Ave Chicago, IL 60647

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail property, located at 2320 N Milwaukee Ave, Chicago, IL 60647, presents a unique investment opportunity. Situated on a hard corner, this multi-tenant space boasts prominent frontage and signage on both Milwaukee Avenue and Belden Avenue, ensuring maximum visibility. The clean shell unit offers 2,670 square feet of vacant space, perfect for a variety of restaurant concepts, and includes a full basement ideal for storage or office space. The property benefits from significant power upgrades, featuring 400 AMP service. Ample street parking is available on both sides of the building, enhancing customer convenience. This location is situated within a high-traffic, urban business corridor, benefiting from its proximity to a dense residential population in a high-income area. Furthermore, the property enjoys exceptional public transportation access, being just one block from the CTA Blue Line California Avenue stop and one block from two CTA bus stops. Easy access to major roadways is also a key advantage, with I-90/94 located only five blocks away. This prime location offers unparalleled exposure and accessibility, making it an ideal investment for discerning business owners.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

2320 Milwaukee Ave Chicago, IL 60647
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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