5151 N Harlem Avenue, Chicago, IL 60656

Building Details

Year Built

1965

Listing office Strauss Realty Ltd m*@straussrealty.com Show Phone

Listing date Mar 5, 2025

Source Exitrealty

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Overview

This three-story brick office building, suitable for an owner/user or value-add investment, is located in the Big Oaks/Norwood Park neighborhood of Chicago. The property features 20 parking spaces and is situated at the southeast corner of Harlem and Foster Avenues, conveniently positioned between O'Hare International Airport and Downtown Chicago. The building is located next to Liberty Bank and across from the Harlem & Foster Shopping Center. The location provides convenient access to eateries, a USPS office, supply stores, a country club, and the expressway, as well as CTA Train lines. The property presents an opportunity for an owner/user to occupy vacant space while generating income from existing tenants. Alternatively, investors could update the vacant spaces to potentially increase rental income. A new roof was installed in 2017.

Suggested Use

Barber Shop Daycare Center Discount Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Department Store Food Market Bed & Breakfast Car Rental Facility Nursing Home

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.8062

Latitude

41.9752

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FAQs

What type of property is this?

Office building - Three-story office building in Big Oaks/Norwood Park with parking.

Where is this office building located?

The property is located at 5151 N Harlem Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $849,000.

What are key features of this property?

This property features: Ideal for Owner/User: Occupy vacant space and generate income from existing tenants.; Value‑Add Investment Potential: Update vacant spaces and increase rental income.; Excellent Location: Conveniently situated between O'Hare Airport and Downtown Chicago, at the corner of Harlem and Foster.