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

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

Home of the established Chicago icon, The Windsor Tavern (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. OPERATING BUSINESS. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.

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 café 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

  • 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

 

Seize the Opportunity to Own a Piece of Chicago’s History and Invest in the Future!

🏡 Location: 4530 N. Milwaukee Ave., Chicago, IL

🍻 Windsor Tavern Legacy: Over 20 Years in Business!

This is not just a property; it’s a VALUE ADD OPPORTUNITY! 🏢✨

Key Highlights:

  • Mixed-Use Marvel: A versatile building situated on an OVERSIZED CORNER LOT, providing endless possibilities for growth and development.
  • Windsor Tavern Legacy: A cornerstone of the community for over two decades, offering a built-in customer base and rich history.
  • Zoning Perks: Unlock the full potential with zoning that allows for FULL SECOND-FLOOR EXPANSION. The groundwork is laid with existing footings and foundations in place!
  • Diverse Spaces: This property boasts a 3-Bedroom Apartment, a vibrant Tavern, and a Year-Round Enclosed Beer Garden – catering to various revenue streams.

Why Invest Here?

  • Strategic Location: Positioned in a high-traffic area, ensuring visibility and accessibility for both residents and visitors.
  • Community Charm: Become part of the neighborhood fabric, building on the legacy of Windsor Tavern and contributing to the local vibrancy.

Your Value Add Opportunity Awaits!

This is your chance to own a property with a proven track record and the potential for expansion and increased value. Whether you’re an investor, developer, or entrepreneur, this mixed-use gem is ready for its next chapter.

Act Now!

Contact us today to explore this unparalleled investment opportunity and take the first step towards shaping the future of 4530 N. Milwaukee Ave.