Renovated Mixed-Use
New
For Lease
$1,350/Mo
5959 N Elston Avenue, Chicago, IL 60646
Street-level retail and office space features an open layout, updated support areas, and a finished basement.
Space Size1,200 SF
Property Size2,977 SF
Days on Market5
Property Features for 5959 N Elston Avenue
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Zoning
MULTI
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Floor
Ground
Space Use
Retail
Private Offices
1
Lease Terms
Lease Rate
$1,350 /USD/MO
Monthly Rent
$1,350
Rent per SF/Year
$13.50
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,032
Amenities
grand storefront windows
open floorplan
back office
kitchenette
bathroom
shower
fully-finished basement
garage parking
Building Details
Building Size
2,977 SF
Year Built
1939
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Century 21 S.G.R., Inc.
(312) 326-3697
Listed By:
Scott Powers · License #475192535
(312) 326-3697
Source:
Cavanaghrealty
Added: Aug 7
Changed: Aug 8
Last Checked: Aug 10 at 12:20PM
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 Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This mixed-use property combines renovated street-level retail and office space with two residential units above. The commercial portion measures 1,200 square feet and includes an open floorplan, back office, kitchenette, bathroom, and shower. A fully finished basement expands the usable area, while garage parking is also included. The building was constructed in 1939 and carries MULTI zoning.
The property is positioned on Elston Ave near the connection between Milwaukee Ave and the split of I-90 and I-94. Its storefront windows face the street, with the building situated between Jefferson Park and Norwood Park. Both second-floor residential units are leased on month-to-month terms, providing two additional income-producing components within the property.
The property is positioned on Elston Ave near the connection between Milwaukee Ave and the split of I-90 and I-94. Its storefront windows face the street, with the building situated between Jefferson Park and Norwood Park. Both second-floor residential units are leased on month-to-month terms, providing two additional income-producing components within the property.
Key Highlights
- 1,200 square feet of renovated retail and office space
- Open commercial floorplan with back office, kitchenette, bathroom, and shower
- Fully finished basement included
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Chicago, IL
$23.58 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
73,527 SF
Avg Space Size
This space is priced 43% below the average of $23.58 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail and office space features an open layout, updated support areas, and a finished basement.
Where is this mixed-use property located?
The property is located at 5959 N Elston Avenue Chicago, IL.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: 1,200 square feet of renovated retail and office space; Open commercial floorplan with back office, kitchenette, bathroom, and shower; Fully finished basement included
