Mixed-Use Apartment and Retail
For Sale
Contact for pricing
5120 W Grand Avenue, Chicago, IL 60639
Ten-unit residential building with three street-level storefronts, supported by recent exterior and interior upgrades.
Property SizeContact for details
Days on Market61
Property Features for 5120 W Grand Avenue
General Information
Standard status
Active
Property subtype
Multifamily, Mixed Use
Zoning
COMMR
Net Operating Income
$137,700
Additional Details
Business Included
Yes
Multifamily Units
10
Building Details
Year Built
1927
Stories
2
Units
13
Tenancy
Multi
Listing Agency:
CENTURY 21 Circle
(773) 983-1553
Listed By:
Mark Ahmad · License #IL 471007186
Source:
Crexi
Added: Jun 13
Changed: Aug 11
Last Checked: Aug 10 at 9:08AM
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.
This mixed-use property includes 10 residential apartments and 3 commercial storefronts under one well-maintained building. Recent capital improvements include newer windows, a newer roof, tuckpointing, electrical updates, and refreshed unit interiors with updated kitchens and bathrooms. The existing configuration supports both multi-family living and retail leasing within the same asset.
Located on W Grand Avenue in Chicago, the property is positioned along the Cragin/Hanson Park corridor. Area access is supported by nearby CTA bus lines and the Grand/Cicero Metra station. Surrounding uses include the Brickyard retail corridor, Walmart, shopping centers, restaurants, and other neighborhood services.
The combination of residential apartments and street-level storefront space can fit buyers seeking a single building with multiple income-producing components. The property is listed as B3-1 zoned, offering flexibility for continuing mixed-use operations in an active Northwest Side retail and transit-served area.
Located on W Grand Avenue in Chicago, the property is positioned along the Cragin/Hanson Park corridor. Area access is supported by nearby CTA bus lines and the Grand/Cicero Metra station. Surrounding uses include the Brickyard retail corridor, Walmart, shopping centers, restaurants, and other neighborhood services.
The combination of residential apartments and street-level storefront space can fit buyers seeking a single building with multiple income-producing components. The property is listed as B3-1 zoned, offering flexibility for continuing mixed-use operations in an active Northwest Side retail and transit-served area.
Key Highlights
- 1927 mixed‑use building with 10 residential apartments plus 3 street‑level commercial storefronts
- B3‑1 zoning
- Recent capital improvements include newer windows, roof, and tuckpointing
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
992
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten-unit residential building with three street-level storefronts, supported by recent exterior and interior upgrades.
Where is this apartment building located?
The property is located at 5120 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 1927 mixed‑use building with 10 residential apartments plus 3 street‑level commercial storefronts; B3‑1 zoning; Recent capital improvements include newer windows, roof, and tuckpointing
