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Listing provided courtesy of McColly Rosenboom - WMREDas Distributed by MLSGrid- MLS# 11856424MLS Provider

101 N Chicago StreetMilford, IL 60953

Commercial · 1,900 Sq. ft.
$145,000 Active

101 N Chicago Street Overview

Time on Site:
1048 days
Visits:
1

Looking for a turnkey restaurant? If you have the know-how, this is definitely the best deal on the market today. Seller will walk out and leave everything, even the inventory. Entire interior of the building has been rehabbed. 1900 SF. The dining room has warm wood with ceramic tile floors. In anticipation of gaming stations, there is a separate room with a private entrance. Gaming and liquor licenses available. (Minimal gaming machines currently in Milford.) New drive thru window. 2 new handicap bathrooms. Central air unit is 5 yrs old; furnace is 7 yrs old. Walk-in cooler; 7 freezers. Grill, fryers, 4 microwaves. Pizza oven. 3 USDA hand sinks. Storage. Seating for 40. Approximately 20x40 attic is floored, with high ceilings. This place is fully stocked and ready to go! Call today for additional info.

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101 N Chicago Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,900
  • Price/Sq.ft. $76

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Food & Beverage

Location/Region

  • County Or Parish: Iroquois
  • MLS Area Major: Milford

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $1,124.80
  • Tax Year: 2025

General Information

  • Parcel Number: 33152340080000
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1900

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 1900

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,US Highway
  • Lot Size Dimensions: 57X132
  • Lot Size Square Feet: 7576

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood
  • Roof: Composition

101 N Chicago Street Neighborhood

Community

60953 (Milford) Demographics

39
Median Age
18
Population Density (per sq. mile)
24%
College Educated
$49,344
Estimated Median Income
786
Estimated Total Home Owners
265
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

101 N Chicago Street Monthly Cost

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$ %
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$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

101 N Chicago Street Market Data

Based on the last 30 days in this zip code

$169,600
Average List Price
$94
Average Price per Square Foot
0
Properties Sold
140
Average Days on Market
10
Properties for Sale
Calculations provided by Reliance Network

101 N Chicago Street History

Date Event Value Agent
9/13/2025Source: MRED Status Change
Active
9/8/2025Source: MRED Status Change
Back on Market
1/11/2025Source: MRED Status Change
Active
1/6/2025Source: MRED Price Reduction
$145,000 -21.6%
1/6/2025Source: MRED Status Change
Price Change