Mixed-Use Building in
For Sale
$699,000
5154 W Wolfram Street, Chicago, IL 60641
COMMERCIAL - Chicago, IL
Property Size6,000 SF
Lot Size0.18 Acres
Price / SF$116.50
Days on Market426
Property Features for 5154 W Wolfram Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MULTI
Directions
Cicero Ave- west on Diversey Ave. Laramie North to address. Diversey Ave. north to address. Belmont Ave.- south on Laramie Ave. -address.
Subdivision
CHI - Belmont Cragin
Standard status
Active
APN
13282240210000
Size
6,000 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
9708
Utilities
Cooling system
Central Air
Building Details
Year built
1929
Floors in Building
2
Number of units
4
Building materials
Brick
Listing Agency:
Century 21 Circle · Coldwell Banker Real Estate
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
Added: Jun 2, 2025
Changed: May 13
Last Checked: Aug 1 at 10:06AM
MLS# 12379735
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.
Located in the Belmont Cragin Neighborhood of Chicago, this mixed-use building is situated on the heavily traveled corridor of Laramie Avenue at Diversey Avenue. The building features 2 commercial spaces totaling 6,000 square feet, currently leased on a month-to-month basis at below-market value. Additionally, there are 2 residential units, each with 2 bedrooms and 1 bath. The neighborhood is part of the Falconer Bungalow Historic District, a residential area recognized for its distinctive bungalow architecture and listed on the National Register of Historic Places. This architectural style, characteristic of the early 20th century, may influence the aesthetic and operational aspects of businesses in the area. The lot size is 0.175 acres.
Key Highlights
- Mixed‑use building with 2 commercial spaces and 2 residential units.
- Located on heavily traveled Laramie Ave. at Diversey Ave.
- 6,000 Sq. ft. of commercial space.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,803
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
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with commercial and residential units in Chicago.
Where is this mixed-use property located?
The property is located at 5154 W Wolfram Street 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: Mixed‑use building with 2 commercial spaces and 2 residential units.; Located on heavily traveled Laramie Ave. at Diversey Ave.; 6,000 Sq. ft. of commercial space.**