58 E Chicago Avenue Chicago, IL ^$ 18,747,747

58 E Chicago Avenue

^$ 18,747,747

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58 E Chicago Avenue

Chicago, IL, 60611

^$ 18,747,747

Bedrooms-- Baths--

Monthly Estimate*

^$ 116,962

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Commercial Property for sale in Chicago, IL

for $18,747,747. This building was built in 1891 on a lot size of 0.126263.

LOCATION! LOCATION! LOCATION! 56-60 E. Chicago Avenue. Located between Wabash and Rush Street, next to the Park Hyatt and Michigan Avenue, this building is literally in the heart of all the action. Boasting three large commercial spaces fronting Chicago Avenue and 25 residential units you can make your dream come true. The property has DX-12 zoning,- the highest and most desirable commercial zoning available in Chicago.

Commercial Active

Price

^$ 18,747,747

Property Type

Commercial

Taxes

^$ 124,221

Style

Lot Size

0.126263

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12375173

Features

General

Cooling None

Zoning COMMR

Year Built 1891

Electric Circuit Breakers

Tenant Pays Other

Stories Count 6

Township North Chicago

Property Subtype Mixed Use

Tax Year 2024

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions Just one block West of Michigan avenue at the intersection of Rush and Chicago

City Chicago

Number Of Units Total 28

MLS Area CHI - Near North Side

Lot Size Square Feet 5500

Tax Annual Amount 124221.3

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Standard Status Active

Exterior

Lot Dimensions LESS THAN .25 ACRE

* Excluded Features

List By

Berkshire Hathaway Homeservices Chicago

Broker

mrosenblum@bhhschicago.com

Affordability Calculator

$127,313

Per Month

Monthly Principal & Interest: $116,962
Monthly Property Taxes: $10,352
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 95%

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
5/27/2025	$18,747,747		Listed Price

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58 E Chicago Avenue, Chicago, IL, 60611 is a Commercial Property for sale at $18,747,747 with a lot size of 0.126263. 58 E Chicago Avenue was built in 1891. The property's zip code is 60611 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/7/2025.

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58 E Chicago Avenue

Commercial Property for sale in Chicago, IL

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