4530 N Milwaukee Avenue, Chicago, IL 60630

Closed

$948,000
$998,000

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Description

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.