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Executive Summary

Located just west of the intersection at Elston and Cicero Avenues, this newly updated three-story plus lower level office building is for sale. The building has been divided into multiple office suites, occupied by long-term tenants with short-term leases. Perfect opportunity for an investor or user looking for a strong cash flow with upside potential. Good in-place income with potential to add value. Close to Edens and Kennedy expressways and public transportation.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,000 SF
Building Class
B
Year Built
1973
Price
$1,900,000
Price Per SF
$111.76
Cap Rate
4.13%
NOI
$78,499
Percent Leased
88%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,667 SF
Building FAR
1.56
Lot Size
0.25 AC
Zoning
B3-1, Chicago
Parking
14 Spaces (0.82 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Property Manager on Site
  • Direct Elevator Exposure
  • Natural Light
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Envision Unlimited
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Envision Unlimited - - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level-Ste 103
  • 360 SF
  • Office
  • Full Build-Out
  • Now

322 SF lower level private office in convenient Jefferson Park, Chicago.

  • 2nd Fl-Ste Suite 203
  • 1,088 SF
  • Office
  • -
  • Now

Office space for lease in Chicago’s Jefferson Park neighborhood at 5097 N Elston Ave. Highly visible location with strong traffic, easy access to I-90/94, Metra, and CTA. Bright interior with flexible layout ideal for professional services, creative, or small business use. Great neighborhood amenities and walkability.

  • 3rd Fl-Ste 301
  • 522 SF
  • Office
  • Full Build-Out
  • Now

Chicago Office Space for Lease

Space Size Space Use Build-Out Available
Lower Level-Ste 103 360 SF Office Full Build-Out Now
2nd Fl-Ste Suite 203 1,088 SF Office - Now
3rd Fl-Ste 301 522 SF Office Full Build-Out Now

Lower Level-Ste 103

Size
360 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste Suite 203

Size
1,088 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste 301

Size
522 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste 103

Size 360 SF
Space Use Office
Build-Out Full Build-Out
Available Now

322 SF lower level private office in convenient Jefferson Park, Chicago.

2nd Fl-Ste Suite 203

Size 1,088 SF
Space Use Office
Build-Out -
Available Now

Office space for lease in Chicago’s Jefferson Park neighborhood at 5097 N Elston Ave. Highly visible location with strong traffic, easy access to I-90/94, Metra, and CTA. Bright interior with flexible layout ideal for professional services, creative, or small business use. Great neighborhood amenities and walkability.

3rd Fl-Ste 301

Size 522 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Chicago Office Space for Lease

Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
13-09-404-015-0000
Land Assessment
$37,658
Improvements Assessment
$94,468
Total Assessment
$132,126
  • Listing ID: 40494682

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 5097 N Elston Ave, Chicago, IL 60630

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