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    OFF-MARKET
    Retail properties & Spaces

    2320 Milwaukee Ave, Chicago, IL 60647

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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