5940 N Milwaukee Avenue
Chicago, IL, 60646
$485,000
Beds
0 Baths
0 SqFt
0 Acres
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$485,000
5940 N Milwaukee Avenue
Chicago, IL, 60646
MLS #MRD12495889 image #0MLS #MRD12495889 image #1MLS #MRD12495889 image #2MLS #MRD12495889 image #3MLS #MRD12495889 image #4MLS #MRD12495889 image #5MLS #MRD12495889 image #6MLS #MRD12495889 image #7MLS #MRD12495889 image #8MLS #MRD12495889 image #9MLS #MRD12495889 image #10MLS #MRD12495889 image #11MLS #MRD12495889 image #12MLS #MRD12495889 image #13MLS #MRD12495889 image #14MLS #MRD12495889 image #15MLS #MRD12495889 image #16MLS #MRD12495889 image #17MLS #MRD12495889 image #18MLS #MRD12495889 image #19MLS #MRD12495889 image #20MLS #MRD12495889 image #21MLS #MRD12495889 image #22MLS #MRD12495889 image #23MLS #MRD12495889 image #24
MULTIPLE OFFERS Received, Highest and best due Thursday October 30th by 9am. This income-producing, front-facing 2-story greystone and brick mixed-use building is the perfect opportunity for an investor or owner-occupant. The property features an 1,800 sq. ft. first floor with original woodwork, reception area, two private offices, and a spacious meeting room-ideal for an accounting firm, law practice, insurance agency, contractor, or similar business. A rear storage room and finished basement, laundry area, and additional storage provide excellent functionality. The second floor offers two charming apartments (front and rear), each with a large living room, eat-in kitchen, one bedroom, and a full bath. The front unit boasts a beautiful modern kitchen and bathroom. Multiple rear parking spaces add convenience and value. Located just minutes from the Jefferson Park Transit Center (Metra UP-Northwest Line, CTA Blue Line, and bus terminal) with easy access to I-90 and I-94, this property combines timeless character with unbeatable accessibility. Pride of ownership shines throughout-making this an exceptional opportunity you don’t want to miss!

Property Details

Price:
$485,000
MLS #:
MRD12495889
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorwoodpark
Listed Date:
Oct 22, 2025
Year Built:
1952
Chi – Norwood ParkChinorwoodpark

Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Financial

Tax Year
2023
Taxes
$8,019
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 30, 2025
1,118
Commercial Listed
166
Avg DOM
157
Avg $ / SqFt
$1,045,542
Avg List Price

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Property Summary

    5940 N Milwaukee Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60646. It is listed for $485,000 To schedule a showing of MLS#mrd12495889 at 5940 N Milwaukee Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5940 N Milwaukee Avenue
Chicago, IL