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Mixed-Use Property with Commercial Space
For Sale
Contact for pricing
Pending

5600 N Ridge Ave, Chicago, IL 60640

Six residential units are paired with commercial space in a walkable, rail-served Chicago setting.

Property SizeContact for details
Days on Market148

Property Features for 5600 N Ridge Ave

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 6

Amenities

built-in washer/dryer
custom cabinetry
exceptional closet space

Building Details

Year Built 2015
Buildings 1
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Lauren Stoliar · License #475177222
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 5:59PM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

Delivered in 2015, this mixed-use property combines six residential units with 5,140 square feet of commercial space. Residential interiors include built-in washer/dryer units, custom cabinetry, and generous closet storage, creating a practical urban living environment within the building’s overall configuration.

The property occupies the corner of Ridge Avenue and Broadway Street in Chicago’s Edgewater neighborhood. CTA’s Bryn Mawr Red Line Station is located one block away, providing direct rail access and supporting daily pedestrian activity around the site. The location also offers access by foot, train, or car.

Key Highlights

  • 6 residential units
  • 5,140 sf of commercial space
  • Delivered in 2015

Property Analytics

Current Use

School of Rock Vocational School The Ridge Apartment Building

Suggested Use

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

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

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,635
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six residential units are paired with commercial space in a walkable, rail-served Chicago setting.
Where is this mixed-use property located?
The property is located at 5600 N Ridge Ave Chicago, IL.
What are key features of this property?
This property features: 6 residential units; 5,140 sf of commercial space; Delivered in 2015
(312) 612-5944 Call to check price and availability
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