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Mixed-Use Property with Retail Frontage
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4737 West North Avenue, Chicago, IL 60639

Five retail suites, two apartments, and a four-bay garage create a diversified commercial and residential configuration.

Property Size7,750 SF
Lot Size0.34 Acres
Price / SF$88.39
Days on Market126

Property Features for 4737 West North Avenue

General Information

Standard status Active
Size 7,750 SF
Lot size 0.34 Acres
Property subtype Retail, Multifamily, Mixed Use
Net Operating Income $65,926

Site & Location

Frontage 120 ft
Traffic Count 19,800 vehicles/day

Amenities

private fenced-in courtyard

Building Details

Year Built 1895
Buildings 2
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: John Przybyla · License #471010441
Source: Crexi
Added: Apr 29 Changed: Aug 31 Last Checked: Aug 30 at 4:09PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This mixed-use property combines three buildings across 0.34 acres, with 7,750 square feet of rentable space. The single-story commercial structure contains five inline retail units and 120 feet of frontage along W North Avenue. A separate two-story residential building adds two apartments: one 2-bedroom/1-bathroom unit and one 1-bedroom/1-bathroom unit. A detached four-bay garage and a private fenced courtyard complete the improvements.

The property is positioned along W North Avenue, also identified as IL Route 64, near Cicero Avenue and its connection to IL Route 50. Average daily traffic is reported at more than 19,800 vehicles on W North Avenue and more than 46,200 vehicles at the adjacent intersection. Public transportation includes nearby bus service, the Grand/Cicero Metra station 0.4 miles away, and the Cicero T station 1.6 miles away. Humboldt Park is 2 miles from the property, while downtown Chicago is approximately 6 miles east.

Key Highlights

  • 7,750 square feet of rentable space across three buildings on 0.34 acres
  • Five inline retail units with 120 feet of frontage along W North Avenue
  • Two residential units: one 2‑Bedroom/1‑Bathroom and one 1‑Bedroom/1‑Bathroom

Property Analytics

Current Use

Bibi African Hair ... Hair Salon Super Dollar Store Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,800 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,302
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five retail suites, two apartments, and a four-bay garage create a diversified commercial and residential configuration.
Where is this mixed-use property located?
The property is located at 4737 West North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 7,750 square feet of rentable space across three buildings on 0.34 acres; Five inline retail units with 120 feet of frontage along W North Avenue; Two residential units: one 2‑Bedroom/1‑Bathroom and one 1‑Bedroom/1‑Bathroom
(312) 361-1643 Call to check price and availability
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