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Renovated Live/Work Space on Elston
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5778 N Elston Ave, Chicago, IL

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

Property Size2,900 SF
Lot Size0.07 Acres
Price / SF$125.86
Days on Market1032

Property Features for 5778 N Elston Ave

General Information

Standard status Active
Size 2,900 SF
Lot size 0.07 Acres
Property subtype OFFICE
Listing Agency: Millennium Properties Real Estate
Listed By: Daniel J. Hyman · License #471.013658X
Source: Moodyscre
Added: Oct 25, 2023 Changed: Aug 19 Last Checked: Aug 21 at 1:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties Real Estate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.**

Property Analytics

Current Use

Regal Builders General Contractor

Suggested Use

Top Pick Food Market Cafe & Coffee Shop Grocery & Convenience Store Acupuncture Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

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) 338-3003 Call to check price and availability
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