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    5154 W Wolfram St Chicago, IL 60641

    For Sale
    $749,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Property size:
    8,984 SF
    Days on Market:
    90
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 5154 W Wolfram St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    MULTI
    APN
    13282240210000
    Size
    8,984 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1929
    Number of units
    4
    Architectural style
    Other

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 465-4200 License #471007186

    Listing date Sep 9, 2025

    MLS# 12379735 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Belmont Cragin

    Located in the Belmont Cragin Neighborhood of Chicago, this mixed-use building is situated on the heavily traveled corridor of Laramie Avenue at Diversey Avenue. The property features 2 commercial spaces totaling 6,000 square feet, currently leased month-to-month at below-market value. Additionally, there are 2 residential units, each with 2 bedrooms and 1 bath. The building is located within the Falconer Bungalow Historic District, a residential area recognized for its distinctive bungalow architecture from the early 20th century and added to the National Register of Historic Places. This architectural style could influence the aesthetic and operational aspects of businesses located within the building. The property has a size of 8,984 square feet. Note that per the seller's request, buyers must provide pre-approval prior to interior access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7562357
    Latitude
    41.9325904

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial and residential units in Chicago.
    Where is this mixed-use property located?
    The property is located at 5154 W Wolfram St Chicago, IL.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Mixed-use building with **2 commercial spaces (6,000 sq ft)** and 2 residential units.; - Located on a **heavily traveled corridor of Laramie Ave. at Diversey Ave.**; - Two 2-bedroom, 1-bath residential units included.
    (773) 465-4200
    Request Owner's contact information
    5154 W Wolfram St Chicago, IL 60641
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    Chicago, IL 60641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5154 W Wolfram St Chicago, IL 60641
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