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Renovated Live/Work Space on Elston
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5778 N Elston Ave., Chicago, IL 60646

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

Property Size2,900 SF
Price / SF$125.86
Days on Market315

Property Features for 5778 N Elston Ave.

General Information

Standard status Active
Size 2,900 SF
Property subtype Multifamily, Office
Zoning RS-3

Building Details

Stories 2
Listing Agency: Millennium Properties R/E
Listed By: Sean Wagner · License #IL
Source: Crexi
Added: Nov 25, 2025 Changed: Sep 20 Last Checked: Oct 5 at 4:09PM

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.

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

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Current Use

Regal Builders General Contractor

Suggested Use

Top Pick Cafe & Coffee Shop Food Market 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

Demographics for 60646, IL

28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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.**
More about this property
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