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    5778 N Elston Ave Chicago, IL 60646

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    For Sale
    $364,999

    2,900 SF renovated live/work space with oversized garage.

    Property size:
    2,900 SF
    Lot size:
    0.07 Acres

    Property Features for 5778 N Elston Ave

    General Information

    Size
    2,900 SF
    Lot size
    0.07 Acres

    Source: Millennium Properties Real Estate Agent Daniel J. Hyman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Live/Work Space on Elston

    This 2,900 square foot unit is suitable for office or live/work use. The space has been completely renovated throughout, featuring a new kitchen, bathrooms, flooring, and windows. An updated epoxy oversized 2-car garage is included. The property is ideal as a live/work space, a unique residential unit, or it can be converted to office space with a special use permit. Ample street parking is available. The property benefits from high visibility on Elston Avenue, with a traffic count of 8,566 vehicles daily. Nearby attractions include Edgebrook Golf Course, Billy Caldwell Golf Course, the Chicago North Illinois Secretary of State office, McDonald’s, Walgreens, and Supadawg Drive-In. The location offers convenient access to the I-90 and I-94 expressways, Metra rail, trains, and bus lines. The zoning is RS-3.
    Insight Report Location Intelligence

    Current Use by Public Records

    Regal Builders Flooring Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7713225
    Latitude
    41.9862502

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    FAQs

    What type of property is this?
    Live-work space - 2,900 SF renovated live/work space with oversized garage.
    Where is this live-work space located?
    The property is located at 5778 N Elston Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $364,999.
    What are key features of this property?
    This property features: - Completely renovated 2,900 sf space with **new kitchen, bathrooms, flooring, and windows.**; - Ideal for live/work, residential, or office use (with special permit).; - **Updated epoxy oversized 2-car garage.**
    (312) 338-3000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5778 N Elston Ave Chicago, IL 60646
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