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    5522 W Lake St Chicago, IL 60644

    Sponsored
    For Sale
    $380,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.09 Acres
    Days on Market:
    156
    Last Refresh:
    Jan 7 at 6:06 pm

    Property Features for 5522 W Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INDUS
    APN
    16091210130000
    Lot size
    0.09 Acres

    Building Details

    Year built
    1949
    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick

    Midwest Realty Services Inc (630) 986-7500 [email protected]

    Listing agent Hasan Habahbeh (630) 986-7500

    Listing date Aug 5, 2025

    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.

    Overview

    Chicago Commercial Property For Sale

    This commercial property, located in Chicago, Illinois, is available for sale. The property is zoned for industrial use (INDUS). The lot size is approximately 0.09 acres. The property is sold as is, and the buyer is responsible for all repairs. All items inside the property will be removed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty 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
    -87.7643253
    Latitude
    41.8880801

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    FAQs

    What type of property is this?
    Specialty property - Commercial property in Chicago, sold as-is, buyer responsible for repairs.
    Where is this specialty property located?
    The property is located at 5522 W Lake St Chicago, IL.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Brick Construction; - Built in 1949; - Property sold as is
    (630) 986-7500
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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
    5522 W Lake St Chicago, IL 60644
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