Property summary
This exceptional commercial property, located at 4801 N Milwaukee Avenue in Chicago, Illinois, presents a unique investment opportunity. The single-story building, constructed in 1970, boasts a total of 2,000 square feet on a 3,150 square foot lot. Currently vacant, this retail space is ideally suited for a restaurant, having previously served as one for many years. Significant existing restaurant infrastructure remains, including a rough-in kitchen, freezer, and hood system, reducing initial… build-out costs. The building's corner location at the intersection of Milwaukee and Lawrence Avenues ensures high visibility and accessibility, benefiting from substantial traffic flow in a bustling commercial corridor. Surrounding businesses include Walgreens and banks, indicating a strong retail presence in the area. The property's proximity to major transportation arteries is a significant advantage, with easy access to I-90-94, public transportation, and a nearby train station. Its convenient location also places it within reach of several thriving Chicago neighborhoods, including Norwood, Forest Glen, Portage Park, and Harwood Heights. The asking price for this property is $289,000. This presents a compelling opportunity to establish a thriving business in a high-traffic, well-established commercial area. The property is zoned for commercial use.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight