1215 Milwaukee Ave, Chicago, IL 60642-2216
This exceptional 2,800 square foot restaurant space is ideally situated in the heart of West Town, directly across from the Polish Triangle Plaza. Benefit from unparalleled visibility and high pedestrian traffic in this prime location. The property boasts extensive, high-quality installations including a 20-foot hood, durable all-ceramic flooring, high-quality countertops, and two walk-in coolers. The space is fully equipped with central air conditioning and includes two public restrooms and a separate employee bathroom. Convenient access to public transportation is a key advantage, with proximity to Milwaukee Avenue, Ashland Avenue, Division Street, the Division Blue Line Station, and a Lime E-Scooter Hub. The location also offers easy access to I-90/94. This turnkey restaurant space presents a unique opportunity for a successful culinary venture in a highly desirable and vibrant neighborhood. Annual property taxes are $13 per square foot. The single-tenant occupancy ensures ease of management and control. This is a truly exceptional opportunity to establish or relocate your restaurant business in a thriving West Town location.
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Dr. Bird’s Jamaican Patty Shack Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.