Financial
Distress signals
Property profile

1767 N Milwaukee Ave Chicago, IL 60647

FOR LEASE
Other commercial real estate
Property ID
US28-2594580
Last sale Nov 2018 · $42,850,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1767 N Milwaukee Ave, Chicago, IL 60647 For Lease
$35 SF/Yr
1767 N Milwaukee Ave, Chicago, IL 60647
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Property summary

AI-generated overview

This second-generation corner restaurant space covers approximately 4,543 square feet and is located at the base of the 606 Blue complex in Wicker Park. The unit has over 130 feet of retail frontage along Milwaukee Avenue and sits at a corner with visibility from the 606 Trail. Existing buildout includes black iron, a cooking hood, a walk-in cooler, extensive electrical service, and an expansive kitchen area suitable for restaurant use. The property is positioned within an active mixed-use

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$42k
Tax billed · 2022
Assessed value$197k
Assessed land$16k
Assessed improvement$181k
Effective rate21.15%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$677/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$142 – $1,219

Cap rate analysis

How does the asset earn?
6,820,477.14%
$2.39M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility9.5
Nursing Home9.2
Accounting Firm8.3

Location

1767 N Milwaukee Ave Chicago, IL 60647
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1617 Sawyer, Chicago, IL 60647-4938 $261,000 Jan 2026 No data
3446 Wn, Chicago, IL 60647-4842 $345,000 Dec 2025 500 SF
3600 Wn, Chicago, IL 60647-4725 $264,000 Dec 2025 No data
Chicago, IL 60647 $402,500 Sep 2025 No data
3229 Fullerton, Chicago, IL 60647 $500,000 Apr 2025 No data
2430 Linden, Chicago, IL 60647-2625 $825,000 Feb 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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