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Listing provided courtesy of Aaby RealtyMREDas Distributed by MLSGrid- MLS# 12545342MLS Provider

5801 N Northwest HighwayChicago, IL 60631

Commercial · 8,800 Sq. ft.
$1,799,000 Active

5801 N Northwest Highway Overview

Time on Site:
166 days
Visits:
3

Alert investors, Great opportunity to own the most attractive mixed use building in Norwood Park if not in the Northwest Side and Suburbs. This 35 year old building has 6 one bedroom, one bath apartments with individual utilities, furnaces and storage all rented below market rental rate. Laundry Room with coin operated washer and dryer. !st floor has Real Estate/Builders office since 1991 and a long term Daycare Tenant since 2007. Entire building is fully rented albeit not at today's market value. New roof in 2014. 5 Parking spaces not rented that should be rented.

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5801 N Northwest Highway Facts & Features

  • Type Commercial
  • Sq. ft. 8,800
  • Price/Sq.ft. $204

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 693
  • Existing Lease Type: N/A
  • Fuel Expense: 1927
  • Gross Income: 168900
  • Gross Scheduled Income: 168900
  • Insurance Expense: 6024
  • Operating Expense: 28846
  • Trash Expense: 3114
  • Water Sewer Expense: 2904

Building Information

  • Year Built: 1991

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Norwood Park
  • Township: Jefferson

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $14,184.04
  • Tax Year: 2024

General Information

  • Parcel Number: 13064090340000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Office SqFt.: 1650

Building Interior

  • Building Area Total: 8800

General Information

  • Cooling: Central Individual, Exhaust Fan
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Flooring: Carpet, Tile, Other
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 50X165
  • Lot Size Square Feet: 8250

Building Exterior/Construction

  • Construction Materials: Brick, Block, Steel Siding
  • Roof: Composition, Membrane

General Information

  • Number Of Units Total: 6

5801 N Northwest Highway Neighborhood

Community

60631 (Chicago) Demographics

42
Median Age
7,756
Population Density (per sq. mile)
52%
College Educated
$102,936
Estimated Median Income
8,751
Estimated Total Home Owners
2,881
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5801 N Northwest Highway Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5801 N Northwest Highway Market Data

Based on the last 30 days in this zip code

$562,342
Average List Price
$320
Average Price per Square Foot
33
Properties Sold
56
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

5801 N Northwest Highway History

Date Event Value Agent
2/24/2026Source: MRED Status Change
Active
2/19/2026Source: MRED Price Reduction
$1,799,000 -5.3%
2/19/2026Source: MRED Status Change
Price Change
1/19/2026Source: MRED Status Change
Active
1/14/2026Source: MRED Added to Database
January 14, 2026