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Mixed-Use Property with Storefronts
For Sale
$1,700,000

5120 W Grand Avenue, Chicago, IL 60639

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.39 Acres
Days on Market72

Property Features for 5120 W Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Cicero Ave. west on Grand Ave. to address. Laramie Ave. east on Grand Ave. to address.
Subdivision CHI - Belmont Cragin
Standard status Active
APN 13332240290000
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10545

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1927
Floors in Building 2
Number of units 13
Building materials Brick, Concrete
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jun 12 Changed: Aug 20 Last Checked: Aug 22 at 1:06PM
MLS# 12655383

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1927, this mixed-use property contains 10 residential apartments and 3 commercial storefronts in a brick-and-concrete building. Capital improvements include newer windows, roof work, tuckpointing, electrical updates, and renovated kitchens and bathrooms. Window unit cooling is provided.

The property occupies a 0.3857-acre lot at 5120 W Grand Avenue in Chicago’s Cragin and Hanson Park corridor. Nearby transportation and retail references include CTA bus lines, the Grand/Cicero Metra station, the Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services. Its combination of apartments and storefront space supports multiple income-producing components within one asset.

Key Highlights

  • 10 residential apartments and 3 commercial storefronts
  • 0.3857‑acre mixed‑use property at 5120 W Grand Avenue, Chicago
  • Capital work includes roof, tuckpointing, electrical, kitchen, bathroom, and window improvements

Property Analytics

Current Use

El Rey Del ... Food Processing Plant

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture 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

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,517
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick-and-concrete building combines residential apartments with commercial frontage along Grand Avenue.
Where is this mixed-use property 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: 10 residential apartments and 3 commercial storefronts; 0.3857‑acre mixed‑use property at 5120 W Grand Avenue, Chicago; Capital work includes roof, tuckpointing, electrical, kitchen, bathroom, and window improvements
More about this property
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