Olympia Standfield
SQUARE FEET11,000
MLS#12710570
STATUSNew
PROPERTY TYPECommercial - Business
Property Description
11,000 SF mixed-use commercial building on high-traffic Milwaukee Avenue with endless possibilities for investors, business owners, and developers. Currently operating as a nonprofit facility, the property features a large banquet hall, full-service bar, commercial kitchen, eight private offices, and a spacious apartment suite. Zoned B3-1, it offers flexibility for event space, office use, restaurant concepts, mixed-use redevelopment, or income-producing investment opportunities. **SELLER FINANCING IS AVAILALBE** Major updates were completed approximately six years ago, including the furnace, hot water heaters, electrical systems, and roof improvements. Two dedicated parking spaces are included. Prime location, strong visibility, and multiple potential income streams make this a rare opportunity in one of Chicago's busiest commercial corridors.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.14 Acres
Stories: 2.0
Year Built: 1942
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat
Location: Corner, Public Transport Avail, Airport/Runway Nearby, High Traffic Area
Lot Dimensions: 0.138
Number of Tenant(s): 0
Parcel#: 13053150660000
Tenant Pays: Varies by Tenant
Units: 1
Listed By / Shown By
Listed By
Agency Name: Golden City Realty, Inc.
Agency Phone: 773-267-2444
Shown By
Agent Name: Olympia Standfield
Agent Phone: Cell: (815) 978-3866
Agency Title: Gambino Realtors
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5844 N Milwaukee Avenue | MLS# 12710570
This commercial property located at 5844 N Milwaukee Avenue , Chicago, IL 60646 is currently listed for sale with an asking price of $1,600,000. Search Chicago real estate on ostandfield.gogambino.com today.