Mixed-Use Building in Austin
For Sale
Contact for pricing
4940 W North Avenue, Chicago, IL 60639
Mixed-use building in Chicago's Austin neighborhood with high visibility.
Property SizeContact for details
Days on Market154
Property Features for 4940 W North Avenue
General Information
Standard status
Active
Property subtype
Business for Sale, Industrial, Office, Special Purpose, Retail, Mixed Use
Zoning
WRHSE
Building Details
Year Built
1935
Stories
2
Units
1
Listing Agency:
CENTURY 21 Circle
(773) 983-1553
Listed By:
Mark Ahmad · License #IL 471007186
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 12 at 8:22AM
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 CENTURY 21 Circle
Investment Insights
Based on property information with market context.
Located in the Austin neighborhood, one of Chicago's largest residential communities, this mixed-use building is situated just west of the major intersection of Cicero Avenue and North Avenue. The property benefits from traffic lights, providing tremendous visibility and exposure. It features two overhead garage doors and is surrounded by various retailers, offering multiple uses. The C2-1 zoning allows for a wide range of business types, including liquor stores, warehouses, auto shops, and apartments above the ground floor. The location provides convenient access to public transportation and major roads, including interstates I-90 and I-94, and is within a short distance of O'Hare International Airport. The Austin neighborhood offers a variety of local amenities and commercial corridors, welcoming new businesses and services.
Key Highlights
- High‑visibility location near the Cicero Ave. and North Ave. intersection
- C2‑1 zoning allows for a wide range of business types, including liquor stores, warehouses, auto shops, and apartments
- Proximity to public transportation and major roadways (I‑90/I‑94)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,261
Businesses Nearby
Explore this area
Business Placement
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 Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building in Chicago's Austin neighborhood with high visibility.
Where is this mixed-use property located?
The property is located at 4940 W North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: High‑visibility location near the Cicero Ave. and North Ave. intersection; C2‑1 zoning allows for a wide range of business types, including liquor stores, warehouses, auto shops, and apartments; Proximity to public transportation and major roadways (I‑90/I‑94)
