1559 N Milwaukee Avenue Chicago, IL $ 299,000
1559 N Milwaukee Avenue
$ 299,000
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1559 N Milwaukee Avenue

Chicago, IL, 60622
$ 299,000
Bedrooms-- Baths-- Sq 2,950

Monthly Estimate*

$ 1,865

1559 N Milwaukee Avenue, Chicago, IL 60622 - Image 1
1559 N Milwaukee Avenue, Chicago, IL 60622 - Image 2
1559 N Milwaukee Avenue, Chicago, IL 60622 - Image 3
1559 N Milwaukee Avenue, Chicago, IL 60622 - Image 4
1559 N Milwaukee Avenue, Chicago, IL 60622 - Image 5

Commercial Property for sale in Chicago, IL

for $299,000. This 2,950 square foot building was built on a lot size of 0.07174.

2950 SF second generation restaurant, located on Milwaukee, just South of the North/Damen/Milwaukee Intersection. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant. Front space features a recently renovated build out, large garage style windows, customer seating (30 tables/60 seats), bar counter (8 seats) and multiple bathrooms. Existing kitchen includes a 17ft hood with black iron, ansil system, three compartment sink, grease trap, mop sink, and large prep area in the rear. Built in audio in the dining area; No basement; Security system throughout; 200 AMP electrical; Licenses include Incidental Liquor and Retail Food; 0.1 Miles to the Damen Blue Line Train Station, plus easy access to the Expressway, Divvy Stations and multiple bus stops. Area tenants include: The Roby, Subterranean, Barnes & Noble, Warby Parker, Piece Pizzeria and Brewery, Big Star Taco, Levi's Store, Abercrombie & Fitch, Insomnia Cookies and much more!

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 0

Style

Restaurant

Lot Size

0.07174

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12535297

Features
General
Cooling Central Air
Possession Closing
Stories Count 1
Tax Year 2023
Business Type Restaurant
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions STARTING AT MILWAUKEE/DAMEN/NORTH AVE HEAD SOUTH ON MILWAUKEE TO 1559
City Chicago
MLS Area CHI - West Town
Lot Size Square Feet 3125
Tax Annual Amount 0
Additional Parcels Y/N N
Lease Type Net
Standard Status Active
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Exterior
Building Area Total 2950
Lot Dimensions 25X125
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* Excluded Features
List By
@Properties Commercial

Broker

dylancarrigan@atproperties.com

Email

Affordability Calculator

$1,865
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$299,000 Listed Price

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1559 N Milwaukee Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $299,000 with 2,950 sqft and a lot size of 0.07174. The property's zip code is 60622 which is in Chicago, IL