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Three-Story Mixed-Use Building
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5439 North Broadway, Chicago, IL 60640

Recently renovated mixed-use building with ground-floor commercial and individually metered residential units.

Property SizeContact for details
Days on Market126

Property Features for 5439 North Broadway

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Zoning B3-3

Additional Details

Multifamily Units 2

Building Details

Stories 3
Listing Agency: SVN | Chicago Commercial
Listed By: Tim Rasmussen · License #IL 471001877
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 8:32PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This recently renovated three-story mixed-use building includes ground-floor commercial space and residential units on the upper levels. The three residential units are individually metered and include in-unit HVAC systems. The two residential units also have in-unit washer and dryers. Both the residential units and the ground-floor commercial space are currently leased.

The property is zoned B3-3, a community shopping district intended to accommodate a broad range of retail and service uses, including development in physical forms typically larger than those found in B1 and B2 districts. The district also allows some uses not permitted in B1 and B2, including full-service restaurants with liquor service.

The building’s current configuration provides a combination of commercial frontage at street level with separate, separately metered residential accommodations above.

Key Highlights

  • Recently renovated 3‑story mixed‑use building with ground‑floor commercial and residential units
  • Residential units are 2–3 bedroom, 2‑bath homes with in‑unit HVAC and individual meters
  • Two residential units include in‑unit washer and dryer

Property Analytics

Current Use

5439 N Broadway Apartment Building Syrian Community Network ... Corporate Office

Suggested Use

Top Pick Barber Shop Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Tattoo & Piercing Shop Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

3,555
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently renovated mixed-use building with ground-floor commercial and individually metered residential units.
Where is this mixed-use property located?
The property is located at 5439 North Broadway Chicago, IL.
What are key features of this property?
This property features: Recently renovated 3‑story mixed‑use building with ground‑floor commercial and residential units; Residential units are 2–3 bedroom, 2‑bath homes with in‑unit HVAC and individual meters; Two residential units include in‑unit washer and dryer
More about this property
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