409 N Milwaukee Ave
409 N
MILWAUKEE AVENUE
MILWAUKEE AVENUE
409 NORTH MILWAUKEE AVENUE
RIVER WEST, CHICAGO
RIVER WEST, CHICAGO
This mixed-use property was acquired in 2015 and underwent cosmetic updates throughout each residential unit, along with a full renovation of the prime corner restaurant space.
The project proved to be a valuable learning experience, highlighting that a talented chef does not always translate into the ideal real estate operating partner.
After divesting from the restaurant operation, we successfully re-leased the commercial space and sold the property in 2022 — marking one of our few break-even sales to date.
The project proved to be a valuable learning experience, highlighting that a talented chef does not always translate into the ideal real estate operating partner.
After divesting from the restaurant operation, we successfully re-leased the commercial space and sold the property in 2022 — marking one of our few break-even sales to date.
Mixed Use
Property Type
12,000 SF
6 Units
& 1 Corner Restaurant Space
