5844 N Milwaukee Avenue Chicago, IL ^$ 1,250,000

5844 N Milwaukee Avenue

^$ 1,250,000

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5844 N Milwaukee Avenue

Chicago, IL, 60646

^$ 1,250,000

Studio Baths0.0 Sq 11,000

Monthly Estimate*

^$ 8,732

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Studio

Commercial Property for sale in Chicago, IL

for $1,250,000. This 11,000 square foot building was built in 1942 on a lot size of 0.137994.

Here is an opportunity to acquire a multi story mixed use building in an excellent North Side Chicago/Norwood Park location. The building was constructed in 1942 and consists of approximately 11,000 square feet. The main floor contains a banquet hall with a bar and kitchen. The second floor has 8+ offices and an apartment suite. 2 private parking spaces on site and gated. B3-1 zoning offers a wide range of attractive business uses. The Property is ideal for an owner user, single tenant/multi tenant investor or an owner user that is looking to generate some income. The highly visible Property enjoys outstanding visibility along N Milwaukee Ave and is strategically situated near the O'Hare airport, interstates, train stations and bus lines.

Commercial Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.137994

Year Built

1942

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11713120

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1942

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories 2

Property SubType Mixed Use

Tax Year 2021

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions W. Bryn Mawr Ave to Milwaukee Ave. NORTH. NWC Corner of Moody Ave.

City Chicago

Total Units 1

MLS Area CHI - Norwood Park

Lot Size Square Feet 6011

Street Name Milwaukee

Tax Annual Amount 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 440

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 11000

Lot Dimensions 0.138

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Keller Williams Infinity

Broker

omartbroker@gmail.com; omart@kw.com

Affordability Calculator

$8,732

Per Month

Monthly Principal & Interest: $8,732
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$838,059

Percent of Sale Price 33%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/26/2023	$1,250,000		Listed Price

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5844 N Milwaukee Avenue, Chicago, IL, 60646 is a Commercial Property for sale at $1,250,000 with 11,000 sqft and a lot size of 0.137994. 5844 N Milwaukee Avenue is a studio with 0.0 baths and was built in 1942. The property's zip code is 60646 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 5/4/2024.

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5844 N Milwaukee Avenue

Commercial Property for sale in Chicago, IL

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