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Three-Story Office Building
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5097 North Elston Avenue, Chicago, IL 60630

Office property with a lower level, Elston Avenue frontage, and convenient access to regional transportation.

Property Size17,000 SF
Price / SF$111.76
Days on Market128

Property Features for 5097 North Elston Avenue

General Information

Standard status Active
Size 17,000 SF
Total Parking Spaces 14
Property subtype Office
Zoning B3-1

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Gross Income $327,097

Building Details

Year Built 1973
Buildings 1
Stories 3
Units 14
Tenancy Multi
Listing Agency: Millennium Properties R/E
Listed By: Susan Silver · License #IL 475136992
Source: Crexi
Added: May 12 Changed: Sep 16 Last Checked: Sep 16 at 3:22PM

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 R/E

Investment Insights

Based on property information with market context.

The property comprises a three-story office building with an additional lower level and approximately 10,942 square feet of space. The configuration supports traditional office occupancy, while the building’s existing tenant base includes several long-term occupants. On-site parking accommodates 14 vehicles.

The building fronts Elston Avenue and offers access to the Kennedy Expressway, CTA service, and Metra. Its location and existing improvements provide an established setting for office use, with redevelopment or rehabilitation identified as potential property directions.

Key Highlights

  • Three‑story office building with a lower level
  • Approximately 10,942 square feet of office space
  • Substantial frontage on Elston Avenue

Property Analytics

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Current Use

Direct Merchant Division Financial Advisor The Sokolowski Law Office Law Firm Andis Trucking Service ... Trucking Company A-Cure Home Health Care Service Mhorenna Beachwear Clothing Store

Suggested Use

Top Pick Acupuncture Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Catering Service Garden Center

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,300
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - Office property with a lower level, Elston Avenue frontage, and convenient access to regional transportation.
Where is this office building located?
The property is located at 5097 North Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Three‑story office building with a lower level; Approximately 10,942 square feet of office space; Substantial frontage on Elston Avenue
(312) 338-3000 Call to check price and availability
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