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    Three-Story Mixed-Use Investment Building

    5620 N Western Avenue Chicago, IL 60659

    Claim this Listing
    For Sale
    Under Contract
    $1,099,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.22 Acres
    Added:
    May 27, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 13 at 9:06 pm

    Property Features for 5620 N Western Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMMR
    Standard status
    Active Under Contract
    APN
    13014320260000
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    25110

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Central Air

    Building Details

    Year built
    1938
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Carpet, Wood
    Building materials
    Brick
    Roof type
    Rubber

    Listing agent Alberto Gonzalez License #475155143

    Listing office EXIT Strategy Realty 2935 N. Clark St., Chicago, IL

    Listing date May 27, 2026

    MLS# 12661151

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    The three-lot, fully occupied offering includes 5618 as a gated parking lot; 5620 as a three-story mixed-use building that is described as all-new rehab, with a store, a 200 amp panel, front-to-back office space plus three private offices, and two 2BR apartments upstairs with separate dining. The building is reported to have separate new HVAC, hardwood floors, new steel back decks, a new hot water tank, a roof described as newer (about 5 years), rebuilt parapets, and tuckpointed exterior areas. Also included is 5622, a free-standing one-story flexi-core commercial garage with the ability to add levels, supported by a 200-amp 3-phase setup and a 200 amp panel.

    The property is zoned COMMR and is located at 5620 N Western Avenue in Chicago (60659). Public remarks indicate that all tenants are on yearly leases except for 5622, which is month-to-month, and that rent increases are coming in September. The area is described as slightly north of Bryn Mawr and adjacent to the Devon corridor, with easy access to public transportation and Lake Shore Drive.

    Key Highlights

    • Three‑lot, fully occupied owner/investment property with 8.1% cap rate and C1‑2 zoning for many businesses
    • 5618: gated parking lot included as part of the three‑lot package
    • 5620: three‑story mixed‑use building—store, front‑to‑back office plus three private offices

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Somali Community in Chicago Community Center Alderman Andre Vasquez City Government Office

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Spa & Massage Center Storage Facility Skin Care Clinic HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Mixed-use property - Three-lot property includes renovated mixed-use building with store, offices, and apartments, plus a flexi-core commercial garage.
    Where is this mixed-use property located?
    The property is located at 5620 N Western Avenue 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: Three‑lot, fully occupied owner/investment property with 8.1% cap rate and C1‑2 zoning for many businesses; 5618: gated parking lot included as part of the three‑lot package; 5620: three‑story mixed‑use building—store, front‑to‑back office plus three private offices
    Contact an agent
    (312) 493-0920
    We can help!
    Contact an agent
    Alberto Gonzalez
    Alberto Gonzalez
    Real Estate License ID: 475155143
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