For more information contact: Jarrett Fradin
Office: 773-736-3600 x 117 Cell: 773-551-5976 Jarrett@Straussrealty.com

4530 N. Milwaukee Ave.

Chicago, IL 60630

Status: For Sale

PRICE REDUCED BY $50K!

VALUE ADD OPPORTUNITY. MIXED-USE BUILDING WITH OVERSIZED CORNER LOT.

Established Chicago icon, The Windsor Tavern, is available after 20+ years in operation. Located on the hard corner of Milwaukee and Windsor Ave., the subject property includes a 3-bedroom apartment, restaurant/bar, and year-round beer garden. This rare opportunity includes the real estate property with licenses and assets of the business. Contact the listing office for a full informational brochure.

 

  • Sale Price: $948,000
  • Property Tax: $5,400
  • MLS: 11382621
  • P.I.N.: 13161210150000
  • Building Type: Mixed Use
  • Number of Stories: 2
  • Building Square Feet: 2,742
  • Site Square Feet: 3,000
  • Building Dimensions: 24x125
  • Zoning: B3-1

Property Details

Zoning: Allows for full second-floor expansion. Existing footings and foundation in place.

Business Size:
3,050 SF Total Business 1,250 SF Bar + 1,800 SF Outdoor Beer Garden

Apartment:
3 Bedrooms, Large Kitchen Area, Full Bathroom and Shower, Living Room, Office

Licenses: Tavern, Incidental Liquor, Retail Food, Outdoor Beer Garden and Outdoor Sidewalk Cafe

Restaurant/Bar Highlights:

  • 100+ occupancy
  • Fully-enclosed and heated outdoor beer garden
  • Sidewalk cafĂ© with 35 seats (Can be doubled to allow for 70 seats)
  • Newly expanded kitchen with walk-in and prep areas in 2019!
  • New roof in 2020!
  • New sump pump system
  • Brunswick bar with 10 Tap (Glycol) beer system
  • Stubbed-out areas for additional walk-in space and/or separate bar area for beer garden
  • Full Basement with office, liquor room and dry storage area