5844 North Milwaukee Avenue, Chicago, IL

$1,250,000

Previous Next

About 5844 North Milwaukee Avenue

This versatile 11,000 SF commercial building presents an incredible opportunity in a prime Chicago location. Currently operating as a tax-exempt nonprofit, the property offers a range of potential uses, including event hosting, office space, and residential accommodations. The main level features a spacious banquet hall with a full-service bar and commercial kitchen, making it ideal for weddings, events, or dining operations. Upstairs, there are eight private offices and a large apartment suite, perfect for owner-occupants or additional rental income. Two dedicated parking spaces are included for added convenience. Originally built in 1942, the property is zoned B3-1, allowing for a variety of business and investment opportunities, whether for an owner-user, single-tenant, or multi-tenant setup. The roof is approximately 20 years old, with repairs completed 4-5 years ago, and the furnace, hot water heaters, and electrical systems were updated around the same time. Located on bustling Milwaukee Avenue, this high-visibility property offers endless possibilities for investors and entrepreneurs looking to maximize its potential. Don't miss this exceptional opportunity-contact us today for more details or to schedule a showing!

Features of 5844 North Milwaukee Avenue

MLS® # 12326788
Price $1,250,000
Bathrooms 0.00
Acres 0.00
Year Built 1942
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 5844 North Milwaukee Avenue
Area CHI - Norwood Park
City Chicago
County Cook
State IL
Zip Code 60646

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 195
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLoncar Realty
Contact Info630-918-1150

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?