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Chicago 60630 Jefferson Park
5209 N Milwaukee Avenue
$469,000
↓ $30K (6%)
Commercial - For Sale

5209 N Milwaukee Avenue

Chicago, IL 60630
bedrooms
Studio
bathrooms
0 Bath
square feet
6732 Sqft
$3,024
Estimated Monthly
$0
HOA / Fees
1.38%
Cap Rate

About This Property

Jefferson Park neighborhood heavily traveled business and developed corridor at Milwaukee Ave./Foster St. 2-Story mixed-use building with great potential; main level and basement each is about 3,200 Sq. ft. with high ceiling, 2nd level 1-apartment can be 2 units each 1-br, 1-bath. Building is in full need of work/rehab/currently a shell box. Short distance to public transportation, and expressways.  Rood top board lease expires April 2024. Curenet monthly rent is $734. Good B3-1 zoning permitting verity of businesses and retail storefronts along with the opportunity for mixed use developments. Easy access to Kennedy expressway, O'Hare Airport and all other major roads and interstates.

The manager has listed the unit size as 6732 square feet.
Unit Size
6,732Ft²
Days on Market
244 days
Land Size
-
Price per sqft
$70
Property Type
Commercial
Property Taxes
$721
HOA Dues
-
Year Built
1935
Listed By
Mark Ahmad
Mark Ahmad
CENTURY 21 Affiliated
Last updated: 3 months ago (MREDIL #11874577)

Price History

Date / Event Date Event Price
Feb 16, 2024 Price Decreased $469,000
↓ $30K (6%)
Price Decreased
Nov 1, 2023 Price Decreased $499,000
↓ $60K (10.7%)
Price Decreased
Aug 31, 2023 Listed by Coldwell Banker Leader Realty $559,000
Listed by Coldwell Banker Leader Realty
Mar 9, 2022 Sold $280,000
Sold

Property Highlights

Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,518 ft²
$395/ft²
$599,900 Oct 18, 2023
-
$583/mo
Multifamily
8 Beds
-
-
$549,900 Aug 11, 2023
-
$607/mo
Multifamily
5 Beds
-
-
$549,900 Aug 24, 2023
-
$637/mo
Multifamily
5 Beds
-
-
$580,000 Oct 13, 2023
-
$621/mo
Multifamily
5 Beds
-
-
$599,000 Oct 10, 2023
-
$465/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5209 North Milwaukee Avenue 5209 North Milwaukee Avenue, Chicago, IL 60630
  • 1 Unit for Sale
More about this Building
5209 North Milwaukee Avenue
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About Northwest Side


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