5840 W Roosevelt Road Chicago, IL ^$ 499,000

5840 W Roosevelt Road

^$ 499,000

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Recently Listed

5840 W Roosevelt Road

Chicago, IL, 60644

^$ 499,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,072

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Commercial Property for sale in Chicago, IL

for $499,000. This building was built in 1928 on a lot size of 0.103306.

Well-maintained brick multi-unit property offering an excellent opportunity for investors or owner-occupants. This income-producing building features spacious units with functional floor plans, generous room sizes, and abundant natural light. Conveniently located near public transportation, shopping, restaurants, schools, parks, and major roadways, providing easy access throughout the city. Strong rental potential in an established neighborhood with continued investment and development. Whether expanding an investment portfolio or seeking a property with income-generating possibilities, this versatile building presents a great opportunity. Property is being sold As-Is. Schedule your showing today.

Commercial Active

Price

^$ 499,000

Property Type

Commercial

Taxes

^$ 5,275

Style

Lot Size

0.103306

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12657565

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1928

Electric Circuit Breakers

Stories Count 3

Property Subtype Mixed Use

Tax Year 2024

Gross Income 2000

County Cook

Insurance Expense 2500

Property Type Commercial Sale Mixed Use

Status Active

Directions Central to Roosevelt west to the property

City Chicago

Number Of Units Total 3

MLS Area CHI - Austin

Lot Size Square Feet 4500

Tax Annual Amount 5275

Electric Expense 3000

Fuel Expense 3500

Trash Expense 1000

Water Sewer Expense 2500

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 25

* Excluded Features

List By

Re/Max Premier

Broker

mariariveraproperties@gmail.com

Affordability Calculator

$3,512

Per Month

Monthly Principal & Interest: $3,072
Monthly Property Taxes: $440
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$969,836

Percent of Sale Price 94%

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
5/26/2026	$499,000		Listed Price

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5840 W Roosevelt Road, Chicago, IL, 60644 is a Commercial Property for sale at $499,000 with a lot size of 0.103306. 5840 W Roosevelt Road was built in 1928. The property's zip code is 60644 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/1/2026.

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5840 W Roosevelt Road

Commercial Property for sale in Chicago, IL

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