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$1,200,000
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Property Description
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!
Full Property Details
Full Property Details for 5844 N Milwaukee Ave
General
- Sold For: $1,200,000
- Taxes: (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12326788
- Added to Site: 297 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: CHI - Norwood Park
- County: Cook
- Driving Directions: W. Bryn Mawr Ave to Milwaukee Ave., NORTH. NWC Corner of Moody Ave.
- Location Details: Chicago West, Corner, Public Transport Avail, Airport/Runway Nearby, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 11,000
- # of Stores: 3
- Year Built: 1942
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,011
- Lot Dimensions: .138
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1942
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 13053150660000
Listed by Loncar Realty
Sold by Kale Realty
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Schools
Schools serving 5844 N Milwaukee Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hitch Elementary School 5625 North McVicker Avenue, Chicago, IL 60646 | PK-8 | 0.3 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 0.7 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 5844 N Milwaukee Ave
Date
Details
Price
Change
Source
10/10/2025
Sold
$1,200,000
-4%
MLS
4/01/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5844 N Milwaukee Avenue, Chicago, IL 60646 (MLS# 12326788) is a Commercial property that was sold at $1,200,000 on October 10, 2025. Want to learn more about 5844 N Milwaukee 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.

