5940 N Milwaukee Avenue
Chicago, IL, 60646
$485,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12495889 image #0
MULTIPLE OFFERS Received, Highest and best due Thursday October 30th by 9am. This income-producing, front-facing 2-story greystone and brick mixed-use building is the perfect opportunity for an investor or owner-occupant. The property features an 1,800 sq. ft. first floor with original woodwork, reception area, two private offices, and a spacious meeting room-ideal for an accounting firm, law practice, insurance agency, contractor, or similar business. A rear storage room and finished basement, laundry area, and additional storage provide excellent functionality. The second floor offers two charming apartments (front and rear), each with a large living room, eat-in kitchen, one bedroom, and a full bath. The front unit boasts a beautiful modern kitchen and bathroom. Multiple rear parking spaces add convenience and value. Located just minutes from the Jefferson Park Transit Center (Metra UP-Northwest Line, CTA Blue Line, and bus terminal) with easy access to I-90 and I-94, this property combines timeless character with unbeatable accessibility. Pride of ownership shines throughout-making this an exceptional opportunity you don’t want to miss!

Property Details

Price:
$485,000
MLS #:
MRD12495889
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorwoodpark
Listed Date:
Oct 22, 2025
Year Built:
1952
Chi – Norwood ParkChinorwoodpark

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Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Stories
2

Financial

Tax Year
2023
Taxes
$8,019

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Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
899
Commercial Listed
189
Avg DOM
$1,023,221
Avg List Price

Property Summary

    5940 N Milwaukee Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60646. It is listed for $485,000

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5940 N Milwaukee Avenue
Chicago, IL