4530 North Milwaukee AvenueChicago, IL 60630Sale Price: $850,000

  • Sale Price: $850,000
  • 161 Days Since Sale
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Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1910Year Built

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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.

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Listed by Jarrett Fradin of Strauss Realty Ltd

Listing Sold by Jameson Commercial

Based on information submitted to MRED  as of March 25, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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