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Listing provided courtesy of Millennium Properties RE, Inc.MREDas Distributed by MLSGrid- MLS# 12101539MLS Provider

5820 N Milwaukee AvenueChicago, IL 60646

Commercial · 15,184 Sq. ft.
$1,650,000 Active

5820 N Milwaukee Avenue Overview

Time on Site:
726 days
Visits:
18

Located in the Jefferson Park neighborhood in Chicago, Illinois, this 15,184 square foot commercial building plus 4,000 square foot partial basement is situated on a 29,862 SF development site. The neighborhood benefits from a dense urban population with strong demographics.

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5820 N Milwaukee Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 15,184
  • Price/Sq.ft. $109

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Net Operating Income: 0

Building Information

  • Year Built: 1965

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Norwood Park
  • Township: Jefferson

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $53,770.90
  • Tax Year: 2023

General Information

  • Parcel Number: 13053160210000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 15184

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 15184
  • Stories: 1

Unit Information

  • Unit SqFt.: 15184

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 104 X 263
  • Lot Size Square Feet: 0

5820 N Milwaukee Avenue Neighborhood

Community

60646 (Chicago) Demographics

42
Median Age
6,353
Population Density (per sq. mile)
59%
College Educated
$100,670
Estimated Median Income
8,447
Estimated Total Home Owners
2,419
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5820 N Milwaukee Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5820 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$704,268
Average List Price
$343
Average Price per Square Foot
24
Properties Sold
46
Average Days on Market
49
Properties for Sale
Calculations provided by Reliance Network

5820 N Milwaukee Avenue History

Date Event Value Agent
3/23/2025Source: MRED Status Change
Active
3/18/2025Source: MRED Price Reduction
$1,650,000 -5.7%
3/18/2025Source: MRED Status Change
Price Change
7/8/2024Source: MRED Status Change
Active
7/3/2024Source: MRED Added to Database
July 03, 2024