The SVN Chicago Commercial Urban Team has been retained to exclusively represent the sale of 1760 North Milwaukee Avenue. This premier investment opportunity allows a Buyer to purchase the fee simple interest in a fully stabilized, single-tenant net lease investment property occupied by Royal Palms Shuffleboard Club with 10-years remaining on its lease term. In 2017 the 16,522 square bow truss property underwent a complete renovation including exterior facade work, all new mechanical systems, and a brand new roof deck. 1760 North Milwaukee Avenue is leased by Royal Palms Shuffleboard Club; an Internet resistant, high-profit margin, strong income/cash flow, experiential retailer based in Brooklyn, New York. Additionally, the property contains corner billboard signage, which provides additional income. Due to the property's highly visible corner location (across the street from the 606 Trail) within the Wicker Park sub-market, accessibility to public transportation (Western and Damen Blue Line CTA Stations), and total land size (18,289 SF); 1760 North Milwaukee Avenue provides for excellent residential development upside. The property's irreplaceable location is steps from the 606 Trail, across the street from Aldi, and surrounded by high-end apartments, condos, and single-family residences. The property is in the immediate vicinity of Wicker's Park's 6-corners intersection, which is home to The Robey hotel and retail's trendiest brands (Lululemon, Shinola Foxtrot, YETI, Burton, Levi's, Adidas, La Colombe, Carhart, Champion, Urban Outfitters, Crumbl Cookies, Jeni's Ice Creams, Sweetgreen, Free People, Barry's Bootcamp, Stan's Donuts, The North Face, Bluemercury, Trek, Diptyque and Aesop).
Courtesy of Sperry Van Ness
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gaffney Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 9/27/22. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2022 Listings Courtest of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:55 AM UTC, 9/27/22