Active · For Sale · Retail/Stores

2323 N Milwaukee Avenue, Chicago, IL 60647

MLS #12263050

2323 N Milwaukee Avenue, Chicago, IL 60647
2323 N Milwaukee Avenue, Chicago, IL 60647CRER
2323 N Milwaukee Avenue, Chicago, IL 60647

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2323 N Milwaukee Avenue, Chicago, IL 60647

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The property

Executive summary

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.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$78,618 (2024)

Property Details

Units
2
Building Size
12,500 SF
Lot Size
6,250 SF
Lot Dimensions
50 X 125
Stories
2
Year Built
1909
Construction
Brick
Roof
Flat, Pitched
Parcel Number
13361030170000

Operations & Utilities

Heating
Ceiling Units, Forced Air, Gas
Cooling
Central Air
Tenant Pays
Varies by Tenant
Electric
Circuit Breakers, Service - 201 to 600 Amps, Three P
Utilities
Electricity Nearby, Natural Gas Available, Sewer Connected, Water Available
Possession
Specific

Location & Use

County
Cook
Market Area
Chicago - Logan Square
Present Use
Commercial
Location
Mixed Use Area, Public Transport Avail
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.