124 Chicago Ave, South Milwaukee, WI 53172-1239
- Commercial real estate
- 0.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 124 Chicago Ave
- Lot size
- 0.43 lot acres
- Property type
- Commercial real estate
- APN
- 723-0101-000
- APU
- 7230101000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 1, 2025 | $325,000 | The High And Realty Holdings LLC | Frontier Wisconsin Holdings LLC | Warranty Deed | — |
| Dec 27, 2017 | — | Frontier Wisconsin Hldgs LLC | — | Deed · related | $3.3M · Lake Forest Bk&tr |
| Aug 20, 2008 | $865,800 | Frontier Wisconsin Holdings LLC | Sovereigh Ph LLC | Special Warranty Deed | $4.2M · Libertyville Bank & Trust Co |
| Sep 11, 2007 | $860,600 | Sovereign Ph LLC | Ph Real Estate Holdings LLC | Grant Deed | $200M · Bmo Capital Markets Corp |
| — | — | Frontier Wisconsin Holdings Ll | — | Deed Of Trust · related | $3.7M · Lake Forest Bk&tr |
| — | — | Frontier Wisconsin Hldgs LLC | — | Loan Modification · related | $3.3M · Lake Forest Bk&tr |
Description
This exceptional retail property, a former Pizza Hut restaurant located at 124 N Chicago Ave, South Milwaukee, WI 53172, is available for $500,000. The property boasts a convenient location with full access from Highway 32 (Chicago Ave) and Carroll Ave, offering excellent visibility and accessibility. Situated across from a Walmart, this site benefits from significant foot and vehicle traffic. The building features ample parking with 40 stalls available for patrons. The property's previous tenant was a single-tenant Pizza Hut, with the lease expiring in August 2022. This presents a unique opportunity for redevelopment or repurposing. The property's 2021 tax assessment was $10,977. This is a prime opportunity to acquire a well-situated retail space in a thriving area of South Milwaukee, within Milwaukee County, Wisconsin. The property's address is easily accessible via major roadways, ensuring high visibility and convenient access for customers. The substantial parking area further enhances the property's appeal to potential tenants or owners. This location offers significant potential for a variety of retail uses.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.8612
- Latitude
- 42.9288
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
