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Jefferson Park Development Site
For Sale
$1,650,000

5820 Milwaukee Ave, Chicago, IL 60646

15,184 SF commercial building on a 29,862 SF site.

Property Size15,184 SF
Lot Size0.69 Acres
Price / SF$108.67
Days on Market779

Property Features for 5820 Milwaukee Ave

General Information

Standard status Active
Size 15,184 SF
Lot size 0.69 Acres

Taxes and HOA fees

Annual Taxes $53,770
Listing Agency: Millennium Properties RE, Inc.
Listed By: Susan Silver · License #475136992
Source: Exprealty
Added: Jul 3, 2024 Changed: Aug 18 Last Checked: Aug 18 at 1:27PM

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 RE, Inc.

Investment Insights

Based on property information with market context.

Located in the Jefferson Park neighborhood of Chicago, Illinois, this property features a 15,184 square foot commercial building with an additional 4,000 square foot partial basement. The building is situated on a 29,862 square foot development site. The surrounding neighborhood is characterized by a dense urban population with strong demographics.

Key Highlights

  • Large 29,862 SF development site.
  • Substantial 15,184 square foot commercial building with an additional 4,000 square foot partial basement.
  • Located in the Jefferson Park neighborhood of Chicago, Illinois.

Property Analytics

Current Use

Center for COVID Care ... Medical Laboratory Jefferson Park Free ... Medical Laboratory

Suggested Use

Top Pick Barber Shop Acupuncture Cosmetic Store Garden Center (Bike/Boat/Book/etc) Store 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

1,197
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - 15,184 SF commercial building on a 29,862 SF site.
Where is this specialty property located?
The property is located at 5820 Milwaukee Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Large 29,862 SF development site.; Substantial 15,184 square foot commercial building with an additional 4,000 square foot partial basement.; Located in the Jefferson Park neighborhood of Chicago, Illinois.
More about this property
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