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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12304579MLS Provider

5151 N Harlem AvenueChicago, IL 60656

Commercial · 12,596 Sq. ft.
$849,000 Active

5151 N Harlem Avenue Overview

Time on Site:
482 days
Visits:
11

For Owner/User or Value Add Investment - Three-story brick office building with 20 parking spaces in Big Oaks/Norwood Park. Conveniently located at the southeast corner of Harlem and Foster Avenues, between O'Hare Int'l Airport and Downtown Chicago. Located next to Liberty Bank and across from Harlem & Foster Shopping Center. Close to eateries, USPS, supply stores, country club, expressway, CTA Train. Perfect for Owner/User to fill vacant space and collect income from existing tenants! Or bring your investors to update vacant spaces and increase rents. New roof in 2017. Call Listing Agent for Rent Roll, Operating Expenses, and Floor Plans.

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5151 N Harlem Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 12,596
  • Price/Sq.ft. $67

Details

General

Income/Expenses

  • Gross Income: 999
  • Gross Scheduled Income: 999
  • Net Operating Income: 999
  • Operating Expense: 999

Building Information

  • Year Built: 1965

Business Information

  • Current Use: Office,Medical/Dental

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $49,583.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13073000140000
  • Possible Use: Commercial,Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 12596

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 3

Unit Information

  • Unit SqFt.: 12596

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 97 X 114 APR.
  • Lot Size Square Feet: 10733

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 12

5151 N Harlem Avenue Neighborhood

Community

60656 (Chicago) Demographics

39
Median Age
8,867
Population Density (per sq. mile)
46%
College Educated
$68,931
Estimated Median Income
7,511
Estimated Total Home Owners
5,012
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
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.

5151 N Harlem Avenue Monthly Cost

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$ %
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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.

5151 N Harlem Avenue Market Data

Based on the last 30 days in this zip code

$427,154
Average List Price
$304
Average Price per Square Foot
23
Properties Sold
38
Average Days on Market
70
Properties for Sale
Calculations provided by Reliance Network

5151 N Harlem Avenue History

Date Event Value Agent
11/18/2025Source: MRED Status Change
Active
11/13/2025Source: MRED Price Reduction
$849,000 -15.0%
11/13/2025Source: MRED Status Change
Price Change
3/11/2025Source: MRED Status Change
Active
3/5/2025Source: MRED Added to Database
March 05, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022