Mixed-Use Building with
For Sale
Contact for pricing
Pending
1156 W Grand Ave, Chicago, IL 60642
C2-2-zoned property combines occupied apartments with an operating sushi restaurant space.
Property SizeContact for details
Days on Market146
Property Features for 1156 W Grand Ave
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Mixed Use, Multifamily, Retail
Zoning
C2-2
Occupancy
100%
Units
Unit Mix
2 x 1BR (2nd floor), 2 x 1BR (3rd floor), 1 x 3BR/2BA (4th floor)
Multifamily Units
5
Additional Details
Floor
Main + Basement
Amenities
shared laundry room
in-unit laundry
Building Details
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
Downtown Realty Company
Listed By:
Quentin Green · License #475171585
(773) 895-7750
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 3 at 4:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Downtown Realty Company
Investment Insights
Based on property information with market context.
Located at 1156 W Grand Ave in Chicago, this mixed-use building contains five apartments and one commercial space occupied by a sushi restaurant. The restaurant uses the main level and half of the basement for food preparation and storage, while the remaining basement area provides owner storage. A rear two-car garage is assigned to the commercial tenant, with alley access serving the property.
The residential component includes four one-bedroom apartments across the second and third floors, along with a large fourth-floor three-bedroom, two-bath apartment featuring in-unit laundry. The second floor also includes a shared laundry room. Units 2R and 3R do not have central AC, and renovations vary by apartment. The building is 100% occupied. The commercial lease runs through 2026, includes annual 3.2% bumps, and requires the tenant to pay 25% of real estate taxes. Zoning is C2-2.
The residential component includes four one-bedroom apartments across the second and third floors, along with a large fourth-floor three-bedroom, two-bath apartment featuring in-unit laundry. The second floor also includes a shared laundry room. Units 2R and 3R do not have central AC, and renovations vary by apartment. The building is 100% occupied. The commercial lease runs through 2026, includes annual 3.2% bumps, and requires the tenant to pay 25% of real estate taxes. Zoning is C2-2.
Key Highlights
- Five apartments plus one commercial space in a 100% occupied mixed‑use building
- Restaurant occupies the main level and half of the basement for food prep and storage
- Fourth‑floor 3‑bedroom/2‑bath apartment includes in‑unit laundry
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C2-2-zoned property combines occupied apartments with an operating sushi restaurant space.
Where is this mixed-use property located?
The property is located at 1156 W Grand Ave Chicago, IL.
What are key features of this property?
This property features: Five apartments plus one commercial space in a 100% occupied mixed‑use building; Restaurant occupies the main level and half of the basement for food prep and storage; Fourth‑floor 3‑bedroom/2‑bath apartment includes in‑unit laundry
