Well-maintained brick multi-unit property offering an excellent opportunity for investors or owner-occupants. This income-producing building features spacious units with functional floor plans, generous room sizes, and abundant natural light. Conveniently located near public transportation, shopping, restaurants, schools, parks, and major roadways, providing easy access throughout the city. Strong rental potential in an established neighborhood with continued investment and development. Whether expanding an investment portfolio or seeking a property with income-generating possibilities, this versatile building presents a great opportunity. Property is being sold As-Is. Schedule your showing today.
The Island, located between Goose Island and the North Branch of the Chicago River, is a former industrial and mixed-use Chicago neighborhood with riverfront edges and working warehouses. Character concentrates along North Branch Street near Division Street, where loading docks, design studios, and taprooms share the same blocks. Community pillars include All Rise Brewing Co., Salt Shed, and Goose Island Brewhouse. Brick loft buildings and repurposed factory shells set a utilitarian architectural tone. Riverwalk segments and bridges frame daily movement with water and rail infrastructure in view. The scene reads as production-forward by day and venue-led after dark.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Built before 1978
Heating & cooling
Central heat with individual controls
Central air conditioning
Exterior features
25 (lot dimension)
Home design
Mixed use property
Zoned COMMERCIAL/RESIDENTIAL
Utilities
Electric service with circuit breakers
Financial info
Gross monthly income reported as $2,000
Total monthly income reported as $2,000
Annual taxes reported (2024): $5,275
Typical expenses reported: water & sewer $2,500; electric $3,000; trash $1,000; insurance $2,500
Other
Three total units
Electricity and solar
View estimated energy costs and solar savings for this home
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts.
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Warehouse
Mixed use building
Office
Medical office
Veterinary clinic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60644
Average low and high temperatures (°F)
30
17
39
24
56
35
63
44
70
50
83
64
87
70
82
67
80
61
69
51
52
39
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 3% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5840 W Roosevelt Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More