Three-Story Office Building For
For Sale
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5151 North Harlem Avenue, Chicago, IL 60656
Three-story office building in Big Oaks/Norwood Park with parking.
Property Size18,000 SF
Days on Market228
Property Features for 5151 North Harlem Avenue
General Information
Standard status
Active
Size
18,000 SF
Class
C
Property subtype
Office
Site & Location
Neighborhood
North Side
Building Details
Building Size
18,000 SF
Year Built
1965
Listing Agency:
Frontline Real Estate Partners, LLC
Listed By:
Matthew Tarshis · License #471022713
(847) 542-9058
Source:
Frontlinerepartners
Added: Mar 11
Changed: Oct 6
Last Checked: Oct 23 at 4:36AM
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 Frontline Real Estate Partners, LLC
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,065
Businesses Nearby
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Business Placement
Demographics for 60656, IL
28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value
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Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
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 North Harlem Avenue Chicago, IL.
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.
