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$850,000
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Property Description
Value add opportunity! Mixed-use building with oversized lot. Home of the established Chicago icon, The Windsor Tavern (20+ years in operation). Real estate, assets and licenses included in sale!! Located on the hard corner of Milwaukee and Windsor Ave., the mixed-use property includes a 3-bedroom apartment and tavern with a year-round beer garden. Bar is 1,250 SF. Enclosed and heated Outdoor Beer Garden is 1,800 SF. There is a full basement with office, bars, liquor room, and dry storage area. The existing sidewalk cafe with 35 seats can be doubled. Brunswick bar with 10-tap (glycol) beer system. Occupancy 100+ for the business. Licenses include Tavern, Incidental Liquor, Retail Food, Beer Garden, and Outdoor Sidewalk Cafe! 1 car garage for parking. Zoning B3-1. Zoning allows for a full second-floor expansion. Existing footings and foundation in place. Newly expanded kitchen with walk-in and prep areas in 2019. New roof in 2020! New sump pump system. SUPER RARE OPPORTUNITY - DO NOT MISS! OPERATING BUSINESS. DO NOT DISTURB.
Full Property Details
Full Property Details for 4530 N Milwaukee Ave
General
- Sold For: $850,000
- Taxes: $6,368 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11382621
- Added to Site: 1, 403 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: Corner of Milwaukee Avenue and Windsor Avenue
- Location Details: Chicago North, Chicago Northwest
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 24' x 125'
Financial Considerations
- Security Deposit: Other
- Assessment Year: 1910
- Tax Amount: $6,368
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 13161210150000
Listed by Strauss Realty Ltd
Sold by Jameson Commercial
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Schools
Schools serving 4530 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Portage Park Elementary School 5330 West Berteau Avenue, Chicago, IL 60641 | PK-8 | 0.5 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4530 N Milwaukee Ave
Date
Details
Price
Change
Source
10/15/2024
Sold
$850,000
-10.34%
MLS
7/17/2023
Price Reduced
$948,000
-5.01%
MLS
4/22/2022
Listed
$998,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4530 N Milwaukee Avenue, Chicago, IL 60630 (MLS# 11382621) is a Commercial property that was sold at $850,000 on October 15, 2024. Want to learn more about 4530 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

