1072 N Milwaukee AVE, Chicago, IL 60642
1072 N Milwaukee AVE, Chicago, IL 60642
1072 N Milwaukee AVE, Chicago, IL 60642
1072 N Milwaukee AVE, Chicago, IL 60642
1072 N Milwaukee AVE, Chicago, IL 60642
1072 N Milwaukee AVE, Chicago, IL 60642
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 1,600,000
Est. payment | /mo

6,400 SqFt

Save
$ 1,600,000
Est. payment | /mo
Save

6,400 SqFt

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $250

MLS Listing ID 12783152

Annual Tax Amount $24,134

Tax Year 2025

Lot Dimensions 50x99

Property Sub-Type Bus / Bus w/Real Est

Property Description

**Exceptional Restaurant & Bar Opportunity with Expansive Beer Garden and Live Entertainment Licensing!** Outstanding opportunity to establish or expand a restaurant, bar, or entertainment concept in this versatile, approximately 6,400-square-foot commercial property, offering a **total occupancy of 238 patrons** across multiple indoor and outdoor spaces. A standout feature is the expansive **1,600-square-foot outdoor beer garden with capacity for 103 guests**, ideal for outdoor dining, seasonal events, and social gatherings. The main-level bar offers approximately 1,600 square feet with occupancy for 85 guests, while an additional 1,600-square-foot upper level accommodates 50 guests, providing excellent flexibility for private events, additional dining, or entertainment. The property features an approximately 500-square-foot commercial kitchen equipped with a substantial **20-foot exhaust hood**, well suited for a high-volume food and beverage operation. A 1,600-square-foot basement provides cooler and storage space, along with two restrooms. **A significant added benefit is the property's Public Place of Amusement (PPA) license, allowing for live music and entertainment**, subject to applicable license conditions. This creates exciting opportunities for live performances, DJs, special events, and an enhanced nightlife experience. With its generous occupancy, expansive outdoor beer garden, commercial kitchen infrastructure, and live entertainment licensing, this property offers tremendous potential for restaurant operators, hospitality groups, and entertainment concepts seeking a dynamic, multifaceted venue. **A unique opportunity to create a premier dining, nightlife, and entertainment destination!**

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Sheehan of  Meridian Real Estate Chicago LLC 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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1072 N Milwaukee AVE

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