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Mixed-Use Building with Street-Level Retail
For Sale
$469,900

5316 W North Avenue, Chicago, IL 60639

COMMERCIAL - Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market16

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 Tile, Carpet, Wood
Building materials Brick
Listing Agency: RLB Realty Group, Inc.
Listed By: Latangela Ward
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 12 at 11:06PM
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.

Investment Insights

Based on property information with market context.

This fully vacant mixed-use building includes approximately 1,044 square feet of street-level commercial space plus two separate residential apartments. The residential units are two-bedroom, one-bath layouts, each with separate living and dining rooms. A detached two-car garage supports off-street parking. The building is constructed of brick and built in 1926. Flooring includes carpet, tile, and wood, and utilities include water available.

The property is located at 5316 W North Avenue with street frontage and convenient access to public transportation, shopping, restaurants, and major expressways.

The property is being sold AS IS. Prospective purchasers should conduct all desired inspections and independently verify room dimensions, square footage, zoning, permitted uses, taxes, and all other information material to the purchase, consistent with the seller’s stated responsibility terms.

Key Highlights

  • Approximately 1,044 SF of street‑level commercial space
  • Two 2‑bedroom, 1‑bath residential apartments with separate living and dining rooms
  • Detached two‑car garage

Property 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

Multi-tenant
Tenancy
Yes
Highway 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

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 - Vacant mixed-use building with a street-level commercial space, two residential units, and a detached two-car garage.
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 SF of street‑level commercial space; Two 2‑bedroom, 1‑bath residential apartments with separate living and dining rooms; Detached two‑car garage
More about this property
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