5515 N NORTHWEST Highway Chicago, IL ^$ 4,000,000

5515 N NORTHWEST Highway

^$ 4,000,000

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New Construction

5515 N NORTHWEST Highway

Chicago, IL, 60630

^$ 4,000,000

Studio Baths0.0 Sq 17,900

Monthly Estimate*

^$ 26,585

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Studio

Commercial Property for sale in Chicago, IL

for $4,000,000. This 17,900 square foot building was built in 1961 on a lot size of 0.64.

The subject property is located at 5515 North Northwest Hwy., Chicago, IL 60630 (the "Property"). Industrial - warehouse/distribution opportunity - This is an urban industrial building located in Chicago's dense and "transit hub" Jefferson Park neighborhood. The subject property is zoned M1-1 and situated in a mixed commercial and residential city setting. Featuring a 1-story building, 17,900 SF GLA, and 28,878 SF lot. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The property presents the unique opportunity to acquire a stand-alone industrial building in Jefferson Park District.

Commercial Active

Price

^$ 4,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 37,794

Style

Commercial

Lot Size

0.64

Year Built

1961

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11722385

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water to Site Other

Possession Closing

Roof Other

Zoning COMMR

Construction Materials Brick Concrete

Year Built 1961

Electric Over 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Other

Stories 1

Tax Year 2021

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Commercial Industrial

Status Active

Directions 5515 North Northwest Hwy. Chicago IL 60630

City Chicago

NumberOfUnitsTotal 4

MLS Area CHI - Jefferson Park

Lot Size Square Feet 28878

Street Name NORTHWEST

Tax Annual Amount 37794

Additional Parcels Y/N Y

Leasable Area 0

Virtual Tour https://tours.vht.com/BWI/T50523069/nobranding

Days on Market 339

Standard Status Active

Exterior

Building Area Total 17900

Lot Dimensions 239X110X129X232

Lot Size Acres 0.64

Frontage Type City Street

Interior

Street Suffix Highway

* Excluded Features

List By

Baird & Warner

Broker

wesley.jonberg@bairdwarner.com

Affordability Calculator

$29,735

Per Month

Monthly Principal & Interest: $26,585
Monthly Property Taxes: $3,150
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$838,574

Percent of Sale Price 79%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2023	$4,000,000		Listed Price

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5515 N NORTHWEST Highway, Chicago, IL, 60630 is a Commercial Property for sale at $4,000,000 with 17,900 sqft and a lot size of 0.64. 5515 N NORTHWEST Highway is a studio with 0.0 baths and was built in 1961. The property's zip code is 60630 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/31/2024.

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5515 N NORTHWEST Highway

Commercial Property for sale in Chicago, IL

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