1072 N Milwaukee Avenue Chicago, IL 60642 • Commercial - Investment • Active $1,600,000

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!**

Property Highlights