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
See this Listing
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Stories
2
Financial
Tax Year
2023
Taxes
$8,019
Map
Community
- Address5940 N Milwaukee Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60646
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


