5481 N Northwest Highway Chicago, IL 60630
- Added:
- Sep 18, 2025
- Days on Market:
- 231
- Last Refresh:
- May 6 at 10:06 pm
Property Features for 5481 N Northwest Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 13082000580000
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 13082
Utilities
- Utilities
- Water Available
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 4
Listing agent Cassidy Gooding License #475182959 (847) 980-0359
Listing office RE/MAX Properties Northwest 37 S Prospect Ave, PARK RIDGE, IL (847) 698-7000
Listing date Sep 18, 2025
MLS# 12475279
Copyright © 2026 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.
HighLights
- Fully leased, income‑generating mixed‑use building.
- Prime location directly across from the Gladstone Park Metra station.
- Updated residential units with new HVAC, plumbing, electrical, and water heaters within the past five years.
- Stable cash flow and reliable tenant base.
- Commercial space with updated plumbing, electric, and HVAC systems.
- Rubber‑coated roof recoated in 2020.
Overview
Mixed-Use Building in Gladstone Park
This mixed-use building is located in Gladstone Park, Chicago. The property is fully leased and offers a turnkey investment opportunity. Situated on Northwest Highway, directly across from the Gladstone Park Metra station, the building features one commercial space with a full basement, currently operating as a restaurant/cafe. Additionally, there are three residential apartments and an attached garage. The residential units include one 2-bed/2-bath unit with the garage and two 1-bed/1-bath units. This transit-oriented asset provides stable cash flow and a reliable tenant base. All residential units have received new HVAC, plumbing, electrical, and water heaters within the past five years. The commercial space features updated plumbing, electric, and HVAC systems (2009) along with a newer water heater. The rubber-coated roof was recoated in 2020. The property is located near parks, schools, and walkable residential blocks. Its proximity to downtown Chicago and O'Hare International Airport enhances its appeal. The lot size is 0.0861 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Baked by Jane ...
Bakery
Tigele Tile & Mosaics, ...
Home Decor Store
Assyrian Kitchen
Restaurant
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.777425
- Latitude
- 41.980554
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-generating, fully leased mixed-use building in the heart of Gladstone Park.
Where is this mixed-use property located?
The property is located at 5481 N Northwest Highway Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Fully leased, income‑generating mixed‑use building.; Prime location directly across from the Gladstone Park Metra station.; Updated residential units with new HVAC, plumbing, electrical, and water heaters within the past five years.
