Mixed-Use Building with Commercial
For Sale
$699,000
5154 W Wolfram St, Chicago, IL 60641
Two residential units complement commercial space along Laramie Avenue at Diversey Avenue.
Property Size8,984 SF
Price / SF$77.80
Days on Market50
Property Features for 5154 W Wolfram St
General Information
Standard status
Active
Size
8,984 SF
Building Details
Year Built
1929
Buildings
1
Tenancy
Multi
Listing Agency:
Century 21 Circle
(773) 983-1553
Listed By:
Mark Ahmad · License #471007186
Source:
Realtopiare
Added: Jul 11
Changed: Aug 29
Last Checked: Aug 25 at 5:21AM
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.
Constructed in 1929, this mixed-use property includes two commercial spaces totaling 6,000 square feet along with two residential units. Each residence contains two bedrooms and one bathroom, creating a combination of retail or commercial occupancy and residential use within the same building. The property size is 8,984 square feet.
The building is positioned on Laramie Avenue at Diversey Avenue in Chicago’s Belmont Cragin neighborhood. It falls within the Falconer Bungalow Historic District, a residential area listed on the National Register of Historic Places and recognized for its early-20th-century bungalow architecture. The commercial spaces are leased on a month-to-month basis. Per the seller’s request, buyer pre-approval is required before interior access.
The building is positioned on Laramie Avenue at Diversey Avenue in Chicago’s Belmont Cragin neighborhood. It falls within the Falconer Bungalow Historic District, a residential area listed on the National Register of Historic Places and recognized for its early-20th-century bungalow architecture. The commercial spaces are leased on a month-to-month basis. Per the seller’s request, buyer pre-approval is required before interior access.
Key Highlights
- Two commercial spaces totaling 6,000 Sq. ft.
- Two residential units, each with 2 bedrooms and 1 bath
- 8,984‑square‑foot property size
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential units complement commercial space along Laramie Avenue at Diversey Avenue.
Where is this mixed-use property located?
The property is located at 5154 W Wolfram St Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two commercial spaces totaling 6,000 Sq. ft.; Two residential units, each with 2 bedrooms and 1 bath; 8,984‑square‑foot property size
