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$499,000

  • For Sale
  • Active
  • Commercial
  • Updated 10 days ago
See This Home
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Well-maintained brick multi-unit property offering an excellent opportunity for investors or owner-occupants. This income-producing building features spacious units with functional floor plans, generous room sizes, and abundant natural light. Conveniently located near public transportation, shopping, restaurants, schools, parks, and major roadways, providing easy access throughout the city. Strong rental potential in an established neighborhood with continued investment and development. Whether expanding an investment portfolio or seeking a property with income-generating possibilities, this versatile building presents a great opportunity. Property is being sold As-Is. Schedule your showing today.

Full Property Details for 5840 W Roosevelt Rd

General

  • Price: $499,000
  • Taxes: $5,275 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12657565

Additional Information

  • Security/Safety: Smoke or Fire Protectors

Location

  • Area: CHI - Austin
  • County: Cook
  • Driving Directions: Central to Roosevelt, west to the property
  • Location Details: Chicago West

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Trash: 1000

Structural Information

  • Stories/Levels: 3
  • # of Stores: 1
  • Year Built: 1928
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 4,500
  • Lot Dimensions: 25
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $14
  • Insurance Fee: $2,500
  • Security Deposit: Smoke or Fire Protectors
  • Assessment Year: 1928
  • Tax Amount: $5,275
  • Tax Year: 2024
  • Pays Electric: 3000
  • Pays Trash: 1000

Disclosures and Reports

  • Property ID: 16174110380000

Listed by RE/MAX Premier

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Listing agents

— 5840 W Roosevelt Rd —

  • RE/MAX Premier

  • RE/MAX Premier

(773) 968-4639

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with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5840 W Roosevelt Rd

School District:Chicago Public School District 299
NameGradesDistance
Clark G R Elementary School
1045 South Monitor Avenue, Chicago, IL 60644
PK-80.2 mi
Douglass Academy High School
543 North Waller Avenue, Chicago, IL 60644
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 5840 W Roosevelt Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,275
—
$36,001
44%
2023
$5,275
3%
$24,999
—
2022
$5,142
2%
$24,999
—
2021
$5,027
31%
$24,999
45%
2020
$3,852
-2%
$17,293
-12%
2019
$3,948
2%
$19,652
—
2018
$3,882
-8%
$19,652
—
2017
$4,222
-11%
$19,614
-18%
2016
$4,765
-7%
$23,789
-15%
2015
$5,124
234%
$27,963
238%
2014
$1,535
-66%
$8,274
-66%
2013
$4,485
1%
$24,658
—
2012
$4,425
—
$24,658
—
View All
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 for 5840 W Roosevelt Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Premier

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5840 W Roosevelt Road, Chicago, IL 60644 (MLS# 12657565) is a Commercial property. 5840 W Roosevelt Road is currently listed for $499,000 and was received on May 26, 2026. Want to learn more about 5840 W Roosevelt Road? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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