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$849,000
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Property Description
For Owner/User or Value Add Investment - Three-story brick office building with 20 parking spaces in Big Oaks/Norwood Park. Conveniently located at the southeast corner of Harlem and Foster Avenues, between O'Hare Int'l Airport and Downtown Chicago. Located next to Liberty Bank and across from Harlem & Foster Shopping Center. Close to eateries, USPS, supply stores, country club, expressway, CTA Train. Perfect for Owner/User to fill vacant space and collect income from existing tenants! Or bring your investors to update vacant spaces and increase rents. New roof in 2017. Call Listing Agent for Rent Roll, Operating Expenses, and Floor Plans.
Full Property Details
Full Property Details for 5151 N Harlem Ave
General
- Price: $849,000
- Taxes: $49,583 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12304579
- Updated: 11/19/2025
- Added to Site: 318 day(s) ago
Interior
- Flooring: Carpet
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Norwood Park
- County: Cook
- Township: Jefferson
- Driving Directions: Stoplight corner of Harlem and Foster
- Location Details: O'Hare, Chicago Northwest, Central Business District, Corner, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Sub-Flooring: Carpet
- Stories/Levels: 3
- Square Feet: 12,596
- Current Bldg. Use: Office, Medical/Dental
- Year Built: 1965
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,733
- Lot Dimensions: 97 x 114 APR.
- Potential Use: Commercial, Office
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $999
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1965
- Tax Amount: $49,583
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 13073000140000
Listed by Strauss Realty Ltd
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Schools
Schools serving 5151 N Harlem Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Garvy J Elementary School 5225 North Oak Park Avenue, Chicago, IL 60656 | PK-8 | 0.6 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5151 N Harlem Ave
Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$849,000
-15.02%
MLS
3/05/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5151 N Harlem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$49,583
3%
$235,002
—
2022
$48,335
39%
$235,000
36%
2021
$34,717
-35%
$172,645
-28%
2020
$53,353
11%
$239,497
—
2019
$48,118
3%
$239,497
2%
2018
$46,571
-30%
$235,762
17%
2017
$66,289
78%
$201,505
8%
2016
$37,212
9%
$185,791
—
2015
$34,141
3%
$186,315
4%
2014
$33,140
-10%
$178,615
-12%
2013
$36,931
66%
$203,058
63%
2012
$22,299
—
$124,267
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5151 N Harlem Ave
5151 N Harlem Avenue, Chicago, IL 60656 (MLS# 12304579) is a Commercial property. 5151 N Harlem Avenue is currently listed for $849,000 and was received on March 05, 2025. Want to learn more about 5151 N Harlem Avenue? Do you have questions about finding other Commercial real estate for sale in Norwood Park? You can browse all Norwood Park real estate or contact a Coldwell Banker agent to request more information.

