Norwood Park East | Prime Mixed Use | Multi-Family + Commercial | Major Value Add Potential

For Sale

5801 N. Northwest Highway, Chicago, IL 60631

This Chicago property for sale is located at 5801 N. Northwest Highway. The current listed sale price for Norwood Park East | Prime Mixed Use | Multi-Family + Commercial | Major Value Add Potential is $1,799,000. Norwood Park East | Prime Mixed Use | Multi-Family + Commercial | Major Value Add Potential is situated on a lot that is 0.19 acre in size.

Contacts

John Meyer

33 Realty

Property Details

  • Property Type Multi-Family
  • Property Size 9,250 SF
  • Units 10
  • Lot Size 0.19 Acre
  • Year Built 1991
  • Year Renovated 2024
  • Date Updated May 12, 2026
Discover the vibrant surroundings of this prime Chicago location. Situated in the heart of Chicago's Northwest Highway corridor, the area boasts a dynamic mix of modern amenities and cultural attractions. Just minutes from O'Hare International Airport, the location offers unparalleled connectivity for businesses and visitors alike. Nearby, Cumberland CTA Blue Line Station provides easy access to the city center, while the bustling Parkway Bank Park entertainment district presents an array of dining, shopping, and entertainment options. With its proximity to major highways, top-tier hotels, and renowned corporate headquarters, this area is a strategic choice for savvy Office Building investors seeking a thriving and accessible locale.33 Realty's pleased to present for sale 5801 N. Northwest Highway in Chicago, IL 60631. Completed in 1991, this 9,250 Net Rentable Square Feet mixed use building contains co-working type office space (former real estate office) , a successful day care operation on the first floor and 5 one bedroom/one bathroom apartments on the second floor with 6th apartment in the lower level. The site includes a large 8,250 SF parcel with a spacious rear yard and rear parking for 5 vehicles. The property has central HVAC which includes 10 gas forced air furnaces, 6 hot water tanks, and 10 condensers. The property generats multiple income streams via the month to month rental of individual desks to tenants, in addition to the first floor day care center and the apartments. 5801 N. Northwest Highway presents a tremendous opportunity to add value by bringing rents to market value for either a pure investor or as an owner user for the first floor commercial space.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 10 Condensers
  • 10 Individual Gas Forced Air Furnaces
  • 1991 Construction
  • 6 One Bedroom/One Bathroom Apartments
  • Basement Sump Pump
  • Below Market Apartment Rents
  • Bus Stop in Front of the Building
  • Copper Plumbing & Electric Throughout
  • In Place Cash Flow
  • Minutes from I-90
  • Mixed Use Commercial + Retail + Multi-Family
  • On Site Laundry
  • Only Block from Norwood Park & Gladstone Park Metra Stops
  • Parking for 5 Vehicles
  • Pitched Roof Full Replacement in 2014
  • Spacious Rear Yard
  • Successful Day Care Retail Tenant Since 2007
  • Tenant Paid Heating and Air Conditioning
  • Tenant Storage
  • Tremendous Value Add Potential

Getting around

  • 75/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Norwood Park East
  • Zip Code 60631
  • Market Chicago

Points of Interest

  • Norwood Park

    0.57 miles

  • Edison Park

    1.83 miles

  • Forest Glen

    1.84 miles

  • Park Ridge

    2.72 miles

  • Morton Grove

    3.31 miles

  • Oakton-Skokie

    3.49 miles

  • Rosemont Blue Line Station

    3.66 miles

  • Irving Park

    3.91 miles

  • Dempster-Skokie

    4.06 miles

  • Rosemont

    4.42 miles

  • Mobil

    0.12 miles

  • Exxon

    0.70 miles

  • Citgo

    0.80 miles

  • BP

    1.00 miles

  • Shell

    1.04 miles

  • Tesla Supercharger

    2.01 miles

  • Blink

    2.99 miles

  • ChargePoint

    4.74 miles

  • Tesla Macau

    5.15 miles

  • Tesla Destination Charger

    5.32 miles

  • Congas Restaurant Parking

    0.87 miles

  • Harlem Park & Ride

    1.09 miles

  • Resurrection Medical Center - Parking

    1.21 miles

  • Free parking for Oriole Park

    1.44 miles

  • Lot A

    1.90 miles

  • Lot B

    1.92 miles

  • Lot C

    1.98 miles

  • Lot D

    2.04 miles

  • Dunning Read Natural Area Parking

    2.31 miles

  • Esquire Motel

    0.51 miles

  • Edgebrook Motel

    1.70 miles

  • LP Motel

    1.83 miles

  • Holiday Inn Express & Suites Chicago North Shore - Niles

    1.90 miles

  • SpringHill Suites Chicago O'Hare

    2.09 miles

  • Holiday Inn & Suites Chicago North Shore (Skokie)

    2.29 miles

  • Holiday Inn Chicago O'Hare Area

    2.42 miles

  • Renaissance Chicago O'Hare Suites

    2.67 miles

  • Chicago Marriott O'Hare

    2.71 miles

  • Irving Hotel - SRO

    3.13 miles

  • Shop & Save Market

    0.62 miles

  • Butera Market

    1.36 miles

  • Jewel-Osco

    1.39 miles

  • Happy Foods

    1.54 miles

  • Rich's Food & Liquor

    1.70 miles

  • Burlington

    1.70 miles

  • ALDI

    1.72 miles

  • Grand Plaza

    1.73 miles

  • Mariano's Fresh Market

    1.73 miles

  • Marshalls

    1.74 miles

Contact Listing Broker
John Meyer

33 Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.