5960-62 Milwaukee AveChicago, IL 60646

For Sale
$2,600,000

Class A Office Building, 12,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A office building, located at 5960-62 N. Milwaukee Ave in Chicago, IL, offers 12,800 square feet of space across two buildings and two stories. The property features a high-end executive suite with a large bathroom including a steam shower, and a total of 18 parking spaces, including a 3-car garage and 4 spaces assigned to the second floor. The second floor boasts six private offices, open bullpen space, and the aforementioned executive bathroom with a double vanity. The building boasts 8-foot solid core wood doors throughout. Currently, a medical tenant occupies the first floor, generating $220,000 in annual rental income under a lease with seven years remaining. The B3-1 zoning allows for diverse tenant types. The property benefits from excellent visibility and high traffic counts on Milwaukee Avenue, providing a tremendous signage opportunity. Conveniently located near the 90/94 expressway, multiple 'L' stations, and Metra, this property also enjoys proximity to numerous national and local businesses, including Chase Bank, Walgreens, and various restaurants and shops. The asking price is $2,600,000. The lot size is 14,786 square feet.

Highlights

  • Partially leased investment opportunity, ideal for owner-users needing 4,000 square feet.
  • Second floor features six private offices, open bullpen area, and an executive bathroom with steam shower and double vanity.
  • High-end office build-out including solid core wood doors and four assigned rear parking spaces.
  • 18-car rear parking lot.
  • Three-car garage parking.
  • Excellent signage opportunity with high traffic counts on Milwaukee Avenue.

Property Details for 5960-62 Milwaukee Ave

Property type
Other office properties, Office properties
Square Feet
12,800 SF
Class
A
Buildings
2
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9899472
Longitude
-87.7811371
5960-62 Milwaukee Ave, Chicago, Illinois

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5960-62 Milwaukee Ave
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