124 Chicago AveSouth Milwaukee, WI 53172

Property Details for 124 Chicago Ave

Lot size

0.43 AC

Property type

Other commercial real estate

APN

723-0101-000

APU

7230101000

Description

This exceptional retail property, a former Pizza Hut restaurant located at 124 N Chicago Ave, South Milwaukee, WI 53172, is available for $500,000. The property boasts a convenient location with full access from Highway 32 (Chicago Ave) and Carroll Ave, offering excellent visibility and accessibility. Situated across from a Walmart, this site benefits from significant foot and vehicle traffic. The building features ample parking with 40 stalls available for patrons. The property's previous tenant was a single-tenant Pizza Hut, with the lease expiring in August 2022. This presents a unique opportunity for redevelopment or repurposing. The property's 2021 tax assessment was $10,977. This is a prime opportunity to acquire a well-situated retail space in a thriving area of South Milwaukee, within Milwaukee County, Wisconsin. The property's address is easily accessible via major roadways, ensuring high visibility and convenient access for customers. The substantial parking area further enhances the property's appeal to potential tenants or owners. This location offers significant potential for a variety of retail uses.

• Alternative Use

  Use

  Valuation

  Residential

  $3,869,555

  Hospitality

  $3,544,492

  Educational

  $2,948,976

  Medical

  $3,050,396

  Retail

  $4,587,296

Location Insight

City

South Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

42.9288

Longitude

-87.8612

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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