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$3,300,000
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Property Description
HEART OF LOGAN SQUARE! Exceptional opportunity to acquire a two-story, 12,500 SF restaurant/brewery building (former Revolution Brewing for over 14 years). High visibility with 50' of frontage along the Milwaukee Avenue Commercial Corridor. Nearby establishments include Daisies, Slippery Slope, The Chicago Diner, and Emporium Arcade. The inviting interior boasts a 12-foot clear ceiling height, decorative ceilings, a view of the brewing system, and large storefront windows that open to the street. The expansive second floor features a second bar and is ideal for private events, including weddings. Additional features include a drive-in door, a full-height basement with a walk-in cooler, and ample space for beer tanks. Furniture, fixtures, and equipment are available for separate purchase. The building has an occupancy of 299. Convenient location close to I-90/94. California Blue Line is just a 4-minute walk away. Logan Square has a population of 475,348 within a 3-mile radius, with a median household income of $95,301.
Full Property Details
Full Property Details for 2323 N Milwaukee Ave
General
- Price: $3,300,000
- Taxes: $69,478 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12263050
- Updated: 11/23/2025
- Added to Site: 449 day(s) ago
Interior
- Interior Features: Heavy Floor Load, Overhead Door(s), Private Restroom(s), Storage Inside, Basement, High-Speed Communication Circuits
- Flooring: Varies
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: Milwaukee Ave., 1 block south of Fullerton, at California Ave.
- Location Details: Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Forced Air, Gas
Utilities
- Onsite: Electricity Nearby, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Ceiling Height: 12
- Drive-In Doors: 1
- Loading: Drive-In Doors
- Sub-Flooring: Varies
- Stories/Levels: 2
- Square Feet: 12,500
- Current Bldg. Use: Commercial
- Year Built: 1909
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Frontage: City Street
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1909
- Tax Amount: $69,478.55
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 13361030170000
Listed by Strauss Realty Ltd
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Schools
Schools serving 2323 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Goethe Elementary School 2236 North Rockwell Street, Chicago, IL 60647 | PK-8 | 0.3 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2323 N Milwaukee Ave
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$3,300,000
-12%
MLS
1/07/2025
Listed
$3,750,000
247.22%
MLS
6/16/2008
Sold
$1,080,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2323 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$69,479
3%
$328,125
—
2022
$67,720
2%
$328,125
—
2021
$66,200
3%
$328,125
14%
2020
$64,278
11%
$287,500
—
2019
$57,972
2%
$287,500
—
2018
$56,791
-8%
$287,500
—
2017
$61,890
7%
$287,500
—
2016
$57,583
9%
$287,500
—
2015
$52,683
3%
$287,500
5%
2014
$51,023
2%
$275,000
—
2013
$50,016
1%
$275,000
—
2012
$49,348
—
$275,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2323 N Milwaukee Ave
2323 N Milwaukee Avenue, Chicago, IL 60647 (MLS# 12263050) is a Commercial property. 2323 N Milwaukee Avenue is currently listed for $3,300,000 and was received on January 07, 2025. Want to learn more about 2323 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.

