58 E Chicago Ave

$18,747,747
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location! Location! Location! 56-60 e. Chicago Avenue. Located between Wabash and Rush Street, next to the Park Hyatt and Michigan Avenue, this building is literally in the heart of all the action. Boasting three large commercial spaces fronting Chicago Avenue and 25 residential units you can make your dream come true. The property has DX-12 zoning,- the highest and most desirable commercial zoning available in Chicago.Location! Location! Location! 56-60 e. Chicago Avenue. Located between Wabash and Rush Street, next to the Park Hyatt and Michigan Avenue, this building is literally in the heart of all the action. Boasting three large commercial spaces fronting Chicago Avenue and 25 residential units you can make your dream come true. The property has DX-12 zoning,- the highest and most desirable commercial zoning available in Chicago.

Property Details for 58 East Chicago Avenue

Area
CHI - Near North Side
Township
North Chicago
Air Conditioning Type
None
Zoning
COMMR
LISTING UPDATED: 11/18/2025 01:40 PM

Property Details for 58 East Chicago Avenue

StatusActive
MLS #12375173
Days on Market239
Taxes$124,221 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1891
Lot Size0.13 AC / 5,500 SF
CountyCook County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute

Building Information for 58 East Chicago Avenue

Stories6Residences28Year Built1891Lot Size0.13 AC / 5,500 SF

Payment Calculator

$102,991 per month

30 year fixed, 6.28% Interest

Principal and Interest

$92,639

Property Taxes

$10,352

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 58 East Chicago Avenue

General Information
Location and General Information
  • Geographic Locale: Downtown Chicago
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 25
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: LESS THAN .25 ACRE
  • Lot Size Square Feet: 5500.0
  • Stories: 6
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-06-04T15:50:23
  • Photos Count: 27
Miscellaneous
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 06-09-2025
Multi Family
Multi-Family Information
  • Number Of Units Total: 28
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 58 East Chicago Avenue

DateEvent & SourcePriceAppreciation
May 27, 2025

Listed (Active)

MRED #12375173

$18,747,747
May 27, 2025

Listed (Active)

MRED #12375184

$18,747,747
May 30, 2017

Cancelled

MRED #09232953

$18,000,000
May 30, 2017

Cancelled

MRED #09233100

$18,000,000
May 20, 2016

Listed (Active)

MRED #09232953

$20,000,000
May 20, 2016

Listed (Active)

MRED #09233100

$20,000,000
DateEvent & SourcePrice
05/27/2025

Listed (Active)

MRED #12375173

$18,747,747
05/27/2025

Listed (Active)

MRED #12375184

$18,747,747
05/30/2017

Cancelled

MRED #09232953

$18,000,000
05/30/2017

Cancelled

MRED #09233100

$18,000,000
05/20/2016

Listed (Active)

MRED #09232953

$20,000,000
05/20/2016

Listed (Active)

MRED #09233100

$20,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 58 East Chicago Avenue

Taxable ValueLand$106,150Additions$431,337Total$537,487
Tax Record2023$113,404 ($9,450 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtStories6Lot Size3,860 SqFtStyleMulti-Family Res (5+ Units)Year Built1891CountyCOOKAPN17-03-230-006

Schools near 58 East Chicago Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Salazar Elementary Bilingual Center
PublicPK to 8

Payton College Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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58 East Chicago Avenue is a mixed use property for sale in Chicago, IL 60611. This property was listed for sale on May 27, 2025 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $18,747,747. This listing's school district is Chicago Public Schools. Nearby schools include Ogden Elementary School, Wells Community Academy High School and Salazar Elementary Bilingual Center. 58 East Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1891.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/18/2025 01:40 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.