2821-2823 N Milwaukee Ave 2821 N Milwaukee Ave 10,000 SF 100% Leased Retail Building Chicago, IL 60618 For Sale

Baum Realty Group, LLC has been exclusively retained to offer for sale 2821-23 N. Milwaukee Avenue, a two-story mixed-use building at the nexus of Chicago’s Logan Square and Avondale neighborhoods. Located at the highly visible hard corner of the six-way Milwaukee / Diversey / Kimball intersection, the Property sits on approximately 6,100 SF of land fronting the public plaza known as Solidarity Triangle, highlighting the
building’s visibility and pedestrian access.
The building contains nearly 10,000 SF of interior space, with roughly 6,000 SF of ground floor retail, formerly occupied by the acclaimed bar, Crown Liquors, with a packaged goods license, tavern license and sidewalk cafe license available to be transferred to a new owner. The ground level
also contains a ±2,000 SF annex space with exposed brick and 14+ foot ceilings, uniquely suited for various uses such as a brewery, coffee roastery
or venue space. The second floor of the building totals nearly 4,000 SF and is configured with bright and open office conditions. The building also contains a billboard leased to Clear Channel that expires in 2028, generating additional income for a new owner.
The Property’s B2-2 zoning provides optionality and flexibility in terms of future use possibilities, including upper floor residential. Its high-profile
location in the city’s 35th ward (Ald. Quezada) is easily accessible by public transit, with stops for three different bus lines on Milwaukee, Diversey and
Kimball all located within a block of the building, and two CTA Blue Line ‘L’ Stations (Logan Square and Belmont) less than ½ mile away. I-90/94 is
located roughly ½ mile due north of the property.