Mixed-Use Building with Vacant
For Sale
$469,900
5318 W North Ave, Chicago, IL 60639
Street-level commercial space pairs with two vacant apartments and a detached two-car garage.
Property Size4,098 SF
Price / SF$114.67
Days on Market10
Property Features for 5318 W North Ave
General Information
Standard status
Active
Size
4,098 SF
Total Parking Spaces
2
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1926
Buildings
2
Tenancy
Single
Listing Agency:
RLB Realty Group, Inc.
(773) 268-2000
Listed By:
Latangela Ward
Source:
Saladinosells
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 29 at 2:41PM
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.
Built in 1926, this mixed-use building combines approximately 1,044 square feet of street-level commercial space with two residential apartments. Each apartment includes two bedrooms, one bathroom, separate living and dining rooms, and is currently vacant. A detached two-car garage provides additional on-site utility.
The commercial portion is occupied by a month-to-month tenant affiliated with the current ownership under existing terms that are not representative of market rent. Continued occupancy would require future lease negotiations. The property fronts North Avenue at 5318 W North Ave in Chicago, with access to public transportation, shopping, restaurants, and major expressways.
The building is offered as-is. Buyers are responsible for completing inspections and independently verifying dimensions, zoning, permitted uses, leases, rental information, taxes, and other purchase-related details.
The commercial portion is occupied by a month-to-month tenant affiliated with the current ownership under existing terms that are not representative of market rent. Continued occupancy would require future lease negotiations. The property fronts North Avenue at 5318 W North Ave in Chicago, with access to public transportation, shopping, restaurants, and major expressways.
The building is offered as-is. Buyers are responsible for completing inspections and independently verifying dimensions, zoning, permitted uses, leases, rental information, taxes, and other purchase-related details.
Key Highlights
- Two vacant 2‑bedroom, 1‑bath apartments
- Approximately 1,044 square feet of street‑level commercial space
- Detached two‑car garage
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Single-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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space pairs with two vacant apartments and a detached two-car garage.
Where is this mixed-use property located?
The property is located at 5318 W North Ave 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: Two vacant 2‑bedroom, 1‑bath apartments; Approximately 1,044 square feet of street‑level commercial space; Detached two‑car garage
