2000 Milwaukee Ave Chicago, IL 60647-4002
- Retail residential properties
- 7,800 SF
- 0.11 lot acres
Current Use by Public Records
- 2000 N Milwaukee Apartments / Apartment Complex / Apartment Building
- Armitage Milwaukee LLC / Apartment Complex
- Lucca R Colombelli Fine Art / Vocational School
- Meritan Inc / Foster Care Service / Social Service Agency
- Donelson Massage Center / Alternative Medicine Practice / Spa & Massage Center
Property Details for 2000 Milwaukee Ave
- Year built
- 2004
- Lot size
- 0.11 lot acres
- Property size
- 7,800 SF
- Property type
- Retail residential properties
- APN
- 13-36-230-041
- APU
- 1336230041
Description
This exceptional 1,519 square foot retail space, ideally suited for a restaurant, is located at 2000 N Milwaukee Avenue in Chicago, Illinois, zip code 60647. Situated on the corner of Armitage and Milwaukee Avenues, this single-tenant property boasts excellent visibility and frontage along Milwaukee Avenue. The property benefits from a highly desirable location at the intersection of Logan Square and Bucktown, two vibrant and popular Chicago neighborhoods. Its transit-oriented location is a key advantage, with easy access to the CTA Blue Line, numerous bus routes, and The 606 trail. This prime location places the property within close proximity to a thriving nightlife scene in Logan Square and Armitage Avenue's renowned restaurant corridor. The area is densely populated with a variety of successful businesses, including notable establishments such as Margi's Candies, Redhot Ranch, 90 Miles, Concord Music Hall, Starbucks, Taqueria Chingon, Chef's Special Cocktail Bar, Ramen Wasabi, Green Eye Lounge, Walgreens, Irazu, The Stop Along, and Royal Palms Shuffleboard Club. This high-traffic area ensures significant foot and vehicle traffic, providing exceptional potential for any restaurant concept. The property's address is 2000 N Milwaukee Ave, Chicago, IL 60647. Latitude and longitude coordinates are 41.9177472, -87.6892795 respectively.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,195,000
- 6.5%
- $2,025,000
- 7%
- $1,880,000
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6892
- Latitude
- 41.9177
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA