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Property profile & analytics
OFF-MARKET
Commercial real estate

124 Chicago Ave South Milwaukee, WI 53172-1239

0.43 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US92-3279281
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.43 ac (18,723 SF)
APN 723-0101-000
UPID US92-3279281
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The High And Realty Holdings LLC · 1 yrs held
The High And Realty Holdings LLC
since 2025
Last sale
$325,000
6 recorded transactions
2025
$325,000
2017
Price N/A
2008
$865,800
2007
$860,600
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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