1760 N Milwaukee Ave - Retail FOR SALE
Chicago, IL 60647 |
1760 N Milwaukee Ave
Chicago, IL 60647
HIGHLIGHTS
- Fully stabilized single tenant net lease investment offering with annual rent escalations, 10 years of remaining lease term
- Excellent signalized corner Wicker Park location steps from 606 Trail
- Strong operator in Royal Palms Shuffleboard Club; Internet-proof retail entertainment concept, strong annual sales and high-profit margin
- Business successfully operated through Covid-19 pandemic. Corner advertising signage lease provides additional property income
- Highly desirable bow-truss construction building with large fully built out rooftop deck with lighting, heating, bar & entertainment
- Full renovation in 2017 included interior buildout, new windows, new mechanical systems, a new roof, and roof deck penthouse
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
16600
STORIES
1
YEAR BUILT
1929
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
14-31-320-002-0000,14-31-320-010-0000
