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Brick Mixed-Use Building
New
For Sale
$449,900

5840 W Roosevelt Road, Chicago, IL 60644

The multi-unit property has functional floor plans and sits near transit, retail, dining, schools, and parks.

Property SizeContact for details
Days on Market3

Property Features for 5840 W Roosevelt Road

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,275

Building Details

Year Built 1928
Stories 3
Units 3
Construction brick
Listing Agency: RE/MAX Premier
Listed By: Maria Rivera · License #471012791
Source: Fishmangroup
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:40PM

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 RE/MAX Premier

Rey
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Investment Insights

Based on property information with market context.

This brick mixed-use property contains multiple units with practical floor plans, sizable rooms, and ample natural light. Built in 1928, the building is zoned COMMR and is being offered in its present condition, as-is.

At 5840 W Roosevelt Road in Chicago, the property is near public transportation, shopping, restaurants, schools, parks, and major roadways.

Key Highlights

  • Brick building with multiple units
  • Built in 1928
  • Zoned COMMR

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

E&g Custom T's Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Accounting Firm 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.

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The multi-unit property has functional floor plans and sits near transit, retail, dining, schools, and parks.
Where is this mixed-use property located?
The property is located at 5840 W Roosevelt Road Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Brick building with multiple units; Built in 1928; Zoned COMMR
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