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$1,190,000 -$10,000 (-0.83%) Price Reduced
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Property Description
Awesome location for your business or potential development. Building included full restaurant and bar space, full basement with coolers. Additional 2 large halls you can rent for additional income and an attached duplex!! Everything you need to run your successful business or rent out for passive income. Parking lot to the North is included with this sale with a full offer (2615 s Chicago Ave, .15 acres) Also for sale, separate listing 2713 s Chicago Ave MLS# 1937759. All available for potential development with .64 acres and 270ft of frontage road with 7,700 traffic count (per dot). Duplex built in 1925, bar 1963, dining area, kitchen and 2 halls 1978
Full Property Details
Full Property Details for 2703 S Chicago Ave
General
- Price: $1,190,000
- Taxes: $9,342 (2024)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1937757
- Updated: 2/25/2026
- Added to Site: 145 day(s) ago
Additional Information
- Other Features: 440-Volt Power, Handicap Access, Inside Storage, Living Space Available, Other, Outside Storage, Restrooms
Parking
- Total Spaces: 25
Location
- Municipality: City
- County: Milwaukee
- Driving Directions: Chicago Ave and Marion
- Dist. to Freeway: 3 to 5 Miles
- Location Details: Business District, Corner, Freestanding, Near Public Transit, Other, Shopping Center
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other, Retail
- Exterior Const.: Brick, Stone, Vinyl
- Basement Desc.: Full
- Roof: Composition, Rubber
- Ceiling Height: 11 to 15 Feet, 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 7,000
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.27
- Frontage: High Visibility, Near Public Transit, Paved Lot, Paved Road, State Road
- Zoning: Comm
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $9,342.8
- Tax Year: 2024
Listed by Modern MilwauKey Real Estate LLC
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Schools
Schools serving 2703 S Chicago Ave
School District:South Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Blakewood Elementary School 3501 Blakewood Avenue, South Milwaukee, WI 53172 | PK-5 | 0.7 mi |
South Milwaukee Middle School 1001 15th Avenue, South Milwaukee, WI 53172 | 6-8 | 1.2 mi |
South Milwaukee High School 801 15th Avenue, South Milwaukee, WI 53172 | 9-12 | 1.2 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 2703 S Chicago Ave
Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$1,190,000
-0.83%
MLS
1/06/2026
Price Reduced
$1,200,000
-11.11%
MLS
11/11/2025
Price Reduced
$1,350,000
-10%
MLS
10/03/2025
Listed
$1,500,000
381.93%
MLS
9/01/2009
Sold
$311,250
—
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 2703 S Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,724
1%
$443,100
—
2023
$8,633
-1%
$443,100
—
2022
$8,752
-17%
$443,100
26%
2021
$10,485
—
$353,000
—
2020
$10,485
1%
$353,000
—
2019
$10,356
7%
$353,000
—
2018
$9,656
2%
$353,000
—
2017
$9,490
7%
$353,000
—
2016
$8,876
-1%
$353,000
—
2015
$8,934
2%
$353,000
—
2014
$8,720
-7%
$353,000
—
2013
$9,425
-1%
$353,000
—
2012
$9,550
—
$353,000
—
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 2703 S Chicago Ave
2703 S Chicago Ave, South Milwaukee, WI 53172 (MLS# 1937757) is a Retail property. 2703 S Chicago Ave is currently listed for $1,190,000 and was received on October 03, 2025. Want to learn more about 2703 S Chicago Ave? Do you have questions about finding other Retail real estate for sale in South Milwaukee? You can browse all South Milwaukee real estate or contact a Coldwell Banker agent to request more information.

