Leased Mixed-Use
For Sale
$1,099,000
5481 N Northwest Highway, Chicago, IL 60630
Includes a restaurant/cafe space, three apartments, a full basement, and an attached garage.
Days on Market320
Property Features for 5481 N Northwest Highway
General Information
Standard status
Active
Property subtype
Commercial
Zoning
COMMR
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$13,082
Amenities
full basement
attached garage
Building Details
Building Size
6,920 SF
Year Built
1926
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
RE/MAX Properties Northwest
(847) 698-7000
Listed By:
Cassidy Gooding · License #475182959
(847) 698-7000
Source:
Perillorealestategroup
Added: Sep 18, 2025
Changed: Aug 2
Last Checked: Aug 2 at 7:31AM
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 RE/MAX Properties Northwest
Investment Insights
Based on property information with market context.
Located at 5481 N Northwest Highway in Chicago, this 1926 mixed-use building combines a commercial restaurant/cafe space with three residential apartments and an attached garage. The commercial area includes a full basement, while the residential component consists of one 2 bed/2 bath apartment with the garage and two 1 bed/1 bath apartments. The property is fully leased and zoned COMMR.
The building sits directly across from the Gladstone Park Metra station on Northwest Highway. Parks, schools, and walkable residential blocks are nearby, with downtown Chicago and O'Hare International Airport also identified as nearby destinations.
Residential improvements completed within the past five years include HVAC, plumbing, electrical systems, and water heaters. The commercial space received plumbing, electrical, and HVAC updates in 2009, along with a newer water heater. The rubber-coated roof was recoated in 2020.
The building sits directly across from the Gladstone Park Metra station on Northwest Highway. Parks, schools, and walkable residential blocks are nearby, with downtown Chicago and O'Hare International Airport also identified as nearby destinations.
Residential improvements completed within the past five years include HVAC, plumbing, electrical systems, and water heaters. The commercial space received plumbing, electrical, and HVAC updates in 2009, along with a newer water heater. The rubber-coated roof was recoated in 2020.
Key Highlights
- Fully leased mixed‑use building at 5481 N Northwest Highway
- Commercial restaurant/cafe space with full basement
- Three apartments: one 2 bed/2 bath and two 1 bed/1 bath units
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,224
Businesses Nearby
Explore this area
Business Placement
Demographics for 60630, IL
54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value
Market
Properties on Market for Mixed-use properties in Chicago
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 - Includes a restaurant/cafe space, three apartments, a full basement, and an attached garage.
Where is this mixed-use property located?
The property is located at 5481 N Northwest Highway Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Fully leased mixed‑use building at 5481 N Northwest Highway; Commercial restaurant/cafe space with full basement; Three apartments: one 2 bed/2 bath and two 1 bed/1 bath units
