$1,250,000
5844 N Milwaukee Avenue
Chicago, IL, 60646
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!
Property Details
Price:
$1,250,000
MLS #:
MRD12326788
Status:
Active
Beds:
0
Baths:
0
Address:
5844 N Milwaukee Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Norwood Park
City:
Chicago
Listed Date:
Apr 1, 2025
State:
IL
Finished Sq Ft:
11,000
Total Sq Ft:
11,000
ZIP:
60646
Year Built:
1942
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2022
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5844 N Milwaukee Avenue
Chicago, IL
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