5844 N Milwaukee Avenue,Chicago, IL 60646
Chicago, IL 60646
Description
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!
Details
| MLS# | 12326788 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 25 |
| Listing Provided By | Loncar Realty | Brandon Loncar |
Features
| SQ Feet | 11,000 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | COMMR |
| Acreage | 0.14 |
Market Activity 60646
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60646 |
| Area | CHI Norwood Park |
| Listing VS Median (in 60646) | |
Price: $1,250,000 low | high Med: $549,950 SqFt: 11,000 low | high Med: 1,830 $ / SqFt: $114 low | high Med: $301 On site: 25 low | high Med: 2.000000 | |