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Brick Corner Triplex with Storefront
For Sale
$509,999

5000 S Western Avenue, Chicago, IL 60609

Triplex with three rental apartments and a commercial storefront in a brick corner building.

Days on Market73

Property Features for 5000 S Western Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Corner Location Yes

Building Details

Building Size 4,000 SF
Year Built 1912
Construction brick
Listing Agency: Mayorga Realty Inc
Listed By: Marisela Mayorga · License #471015650
Source: Perillorealestategroup
Added: May 21 Changed: Jul 31 Last Checked: Aug 1 at 1:08PM

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 Mayorga Realty Inc

Investment Insights

Based on property information with market context.

This brick corner triplex building includes three rental apartments and one commercial storefront. Built in 1912, the property is configured to support mixed residential and storefront use within the same building.

The property is located in Gage Park on busy Western Avenue, providing street-level presence for the storefront component and convenient visibility for prospective tenants and customers.

Showings are limited to one day per week, so plan accordingly when scheduling visits for qualified buyers.

Key Highlights

  • Brick corner building with a residential triplex configuration and one commercial storefront
  • Includes three rental apartments
  • Includes one commercial storefront

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Garden Center Building Supply Home Appliance Store Computer & Electronic Repair Butcher

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

Location Intelligence

Trade Area within ½ mile

847
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Triplex with three rental apartments and a commercial storefront in a brick corner building.
Where is this triplex located?
The property is located at 5000 S Western Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $509,999.
What are key features of this property?
This property features: Brick corner building with a residential triplex configuration and one commercial storefront; Includes three rental apartments; Includes one commercial storefront
More about this property
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