Mixed-Use Retail and
For Sale
Contact for pricing
Pending
5618-22 N Western Ave, Chicago, IL 60659
Mixed-use building with ground-floor retail and two residential units above, plus a separate parking lot and garage.
Property SizeContact for details
Days on Market148
Property Features for 5618-22 N Western Ave
General Information
Standard status
Pending
Property subtype
Mixed Use
Zoning
C1-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Heavy Power
Yes
Multifamily Units
2
Building Details
Year Built
1934
Stories
3
Tenancy
Multi
Listing Agency:
@properties Commercial Chicago
Listed By:
Dylan Carrigan · License #IL 475182088
(312) 506-0200
Source:
Crexi
Added: Apr 11
Changed: Sep 4
Last Checked: Sep 1 at 8:33PM
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 @properties Commercial Chicago
Investment Insights
Based on property information with market context.
This mixed-use building features a commercial space on the first level and two residential units on the second and third floors. The residential apartments are each 2 bedroom/1 bath, with central heat and AC, separate living and dining areas, and hardwood floors throughout. Utilities are separately metered, with renters paying gas and electric; hot water is provided to the apartments. The property also includes a free-standing concrete garage and one parking lot.
The mixed-use building has updated electrical service, including a new 200 amp single-phase service for the building and a 200 amp, 3-phase electrical service for the garage. Recent improvements within the last five years include a new roof, tuckpointing, new metal staircases and decks for the rear exits, and upgrades to building systems such as a new furnace in the commercial space and a new hot water tank for the mixed-use building.
The first-floor commercial space is currently occupied, and the property is listed under C1-2 zoning. The building was constructed in 1934, and the property includes three separate pins.
The mixed-use building has updated electrical service, including a new 200 amp single-phase service for the building and a 200 amp, 3-phase electrical service for the garage. Recent improvements within the last five years include a new roof, tuckpointing, new metal staircases and decks for the rear exits, and upgrades to building systems such as a new furnace in the commercial space and a new hot water tank for the mixed-use building.
The first-floor commercial space is currently occupied, and the property is listed under C1-2 zoning. The building was constructed in 1934, and the property includes three separate pins.
Key Highlights
- Mixed‑use building on one property with three separate pins, including ground‑floor commercial space and two residential units above
- Ground‑floor commercial space is currently occupied; second and third floors are 2 bed/1 bath units with central heat and AC
- Hardwood floors throughout the residential units, each with separate living/dining room areas
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 60659, IL
40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Mixed-use building with ground-floor retail and two residential units above, plus a separate parking lot and garage.
Where is this duplex located?
The property is located at 5618-22 N Western Ave Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building on one property with three separate pins, including ground‑floor commercial space and two residential units above; Ground‑floor commercial space is currently occupied; second and third floors are 2 bed/1 bath units with central heat and AC; Hardwood floors throughout the residential units, each with separate living/dining room areas
