Jenifer Ratner - Chicagoland Brokers Inc Logo
$1,600,000
( $145.45Per Sq Foot )
 $8,589 est/mo Sourced by Back At You

5844 N Milwaukee Avenue,Chicago, IL 60646

Chicago, IL 60646

Share:

PreviousNext

Description

11,000 SF mixed-use commercial building on high-traffic Milwaukee Avenue with endless possibilities for investors, business owners, and developers. Currently operating as a nonprofit facility, the property features a large banquet hall, full-service bar, commercial kitchen, eight private offices, and a spacious apartment suite. Zoned B3-1, it offers flexibility for event space, office use, restaurant concepts, mixed-use redevelopment, or income-producing investment opportunities. **SELLER FINANCING IS AVAILALBE** Major updates were completed approximately six years ago, including the furnace, hot water heaters, electrical systems, and roof improvements. Two dedicated parking spaces are included. Prime location, strong visibility, and multiple potential income streams make this a rare opportunity in one of Chicago's busiest commercial corridors.

Details

MLS #12710570
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1942
Days On Site54
Listing Provided ByGolden City Realty, Inc. | Jerry Morales

Features

SQ Feet11,000
Story(s)2
Units1
ZoningCOMMR
Acreage0.14

Interior

CoolingCentral Air

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2022
Tax Annual Amount0

Area Information

StateIL
CountyCook
CityChicago
Zip Code60646
AreaCHI Norwood Park
Listing VS Median (in 60646)
Price:
$1,600,000
low | high
Med:
$549,000
100% of Average
sqft:
11,000
low | high
Med:
1,604
100% of Average
$ / sqft:
$145
low | high
Med:
$342
85.310162094763% of Average
On site:
54
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 60646

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Chicagoland Brokers Inc at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.

Contact

Learn More About This Property

Jenifer Ratner

Jenifer Ratner

Chicagoland Brokers Inc

 (224) 470-0276jenratner24@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60646
AreaCHI Norwood Park
Listing VS Median (in 60646)
Price:
$1,600,000
low | high
Med:
$549,000
100% of Average
sqft:
11,000
low | high
Med:
1,604
100% of Average
$ / sqft:
$145
low | high
Med:
$342
85.310162094763% of Average
On site:
54
low | high
Med:
11
100% of Average
Sourced by Back At You
Listing Updated: July 25, 2026 at 11:15:08 PM PDT