Mixed-Use Building with Detached
For Sale
$469,900
5318 W North Avenue, Chicago, IL 60639
Street-level commercial space is paired with vacant residential apartments and a separate garage for flexible occupancy options.
Property Size4,098 SF
Days on Market12
Property Features for 5318 W North Avenue
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,376
Amenities
detached two-car garage
Building Details
Building Size
4,098 SF
Year Built
1926
Buildings
1
Stories
3
Units
3
Tenancy
Multi
Listing Agency:
RLB Realty Group, Inc.
(773) 268-2000
Listed By:
Latangela Ward
(773) 268-2000
Source:
Midwestrealestate
Added: Jul 29
Changed: Aug 7
Last Checked: Aug 9 at 2:02PM
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 RLB Realty Group, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building combines a street-level commercial area of approximately 1,044 square feet with two residential apartments. Each apartment includes 2 bedrooms, 1 bath, separate living and dining rooms, and is currently vacant. A detached two-car garage is also included. The property is being sold as is, with inspections and verification of dimensions, square footage, zoning, permitted uses, leases, rental information, taxes, and other purchase considerations left to the buyer.
The commercial space is occupied by a month-to-month tenant affiliated with the current ownership under a non-traditional lease arrangement. Existing rental terms are not representative of market rent, and continued occupancy would require future lease negotiations. The property fronts North Avenue in Chicago, with access to public transportation, shopping, restaurants, and major expressways.
The commercial space is occupied by a month-to-month tenant affiliated with the current ownership under a non-traditional lease arrangement. Existing rental terms are not representative of market rent, and continued occupancy would require future lease negotiations. The property fronts North Avenue in Chicago, with access to public transportation, shopping, restaurants, and major expressways.
Key Highlights
- Approximately 1,044 square feet of street‑level commercial space
- Two 2‑bedroom, 1‑bath residential apartments with separate living and dining rooms
- Both residential units are currently vacant
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space is paired with vacant residential apartments and a separate garage for flexible occupancy options.
Where is this mixed-use property located?
The property is located at 5318 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 with separate living and dining rooms; Both residential units are currently vacant
