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Vacant Mixed-Use Building
For Sale
$469,900

5316 W North Avenue, Chicago, IL 60639

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market96

Property Features for 5316 W North Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions Located on the North side of North Avenue, One Block West of Laramie Avenue.
Subdivision CHI - Austin
Standard status Active
APN 13333240330000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3376

Utilities

Utilities Water Available

Building Details

Year built 1926
Floors in Building 3
Number of units 3
Flooring type Wood, Carpet, Tile
Building materials Brick
Listing Agency: RLB Realty Group, Inc.
Listed By: Latangela Ward
Added: Jul 29 Changed: Oct 23 Last Checked: Nov 1 at 5:06AM
MLS# 12714643

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.

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Investment Insights

Based on property information with market context.

Built in 1926, this brick mixed-use property is currently vacant and includes approximately 1,044 square feet of street-level commercial space. The residential component consists of two two-bedroom, one-bath apartments, each with separate living and dining rooms. A detached two-car garage adds additional utility to the property, which also includes wood, tile, and carpet flooring and water availability.

The property fronts North Avenue in Chicago, with access to public transportation, shopping, restaurants, and major expressways. It is offered in as-is condition, allowing the next owner to evaluate the commercial and residential spaces for leasing, occupancy, customization, or renovation in accordance with applicable municipal requirements.

Key Highlights

  • Approximately 1,044 square feet of street‑level commercial space
  • Two 2‑bedroom, 1‑bath residential apartments
  • Detached 2‑car garage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Citi Refund Accounting Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Computer & Electronic Repair

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

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,167
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines street-level commercial space, two apartments, and a detached garage in a flexible vacant configuration.
Where is this mixed-use property located?
The property is located at 5316 W North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Approximately 1,044 square feet of street‑level commercial space; Two 2‑bedroom, 1‑bath residential apartments; Detached 2‑car garage
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