Mixed-Use Property with
For Sale
$1,700,000
5120 W Grand Ave, Chicago, IL 60639
B3-1-zoned asset combines residential apartments with commercial storefront space on Grand Ave.
Property Size19,541 SF
Price / SF$86
Days on Market27
Property Features for 5120 W Grand Ave
General Information
Standard status
Active
Size
19,541 SF
Building Details
Year Built
1927
Listing Agency:
Century 21 Circle
(773) 983-1553
Listed By:
Mark Ahmad · License #471007186
Source:
Saladinosells
Added: Aug 5
Changed: Aug 29
Last Checked: Aug 30 at 7:41PM
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.
Built in 1927, this 19,541 SF mixed-use property includes 10 residential apartments and 3 commercial storefronts. Building upgrades include newer windows, a newer roof, tuckpointing, electrical work, renovated kitchens, and updated bathrooms. The B3-1 zoning designation supports the property’s combined residential and commercial format.
Positioned on Grand Ave in Chicago’s Cragin/Hanson Park corridor, the property benefits from vehicle and pedestrian exposure. CTA bus service is nearby, along with the Grand/Cicero Metra station, the Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services.
Positioned on Grand Ave in Chicago’s Cragin/Hanson Park corridor, the property benefits from vehicle and pedestrian exposure. CTA bus service is nearby, along with the Grand/Cicero Metra station, the Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services.
Key Highlights
- 10 residential apartments and 3 commercial storefronts
- 19,541 SF mixed‑use property built in 1927
- B3‑1 zoning designation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,517
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - B3-1-zoned asset combines residential apartments with commercial storefront space on Grand Ave.
Where is this mixed-use property located?
The property is located at 5120 W Grand Ave 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: 10 residential apartments and 3 commercial storefronts; 19,541 SF mixed‑use property built in 1927; B3‑1 zoning designation
