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.
Property Details
Price:
$1,600,000
MLS #:
MRD12710570
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorwoodpark
Listed Date:
Jul 20, 2026
Total Sq Ft:
11,000
Year Built:
1942
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2022
Map
Community
- Address5844 N Milwaukee Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60646
Market Summary
Current real estate data for Commercial in Chicago as of Oct 05, 2026
885
Commercial Listed
186
Avg DOM
$1,021,568
Avg List Price
Property Summary
- 5844 N Milwaukee Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60646. It is listed for $1,600,000
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Copyright 2026. All rights reserved.
5844 N Milwaukee Avenue
Chicago, IL


