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Mixed-Use Property with Apartments
For Sale
$1,099,000

5620 N Western Avenue, Chicago, IL 60659

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market153

Property Features for 5620 N Western Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Just a little North or Bryn Mawr on the west side of the street
Subdivision CHI - West Ridge
Standard status Active
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 Wood, Carpet
Building materials Brick
Roof type Rubber
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Alberto Gonzalez
Added: May 27 Changed: Oct 22 Last Checked: Oct 26 at 2:06AM
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.

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Investment Insights

Based on property information with market context.

This three-lot, three-pin mixed-use property includes a three-story brick building with a storefront, front and rear office areas, three private offices, and two two-bedroom apartments. The apartments have separate dining areas. The building also features separate HVAC, wood flooring, steel rear decks, a 200-amp panel for the commercial space, and a 100-amp panel upstairs. A gated parking lot and a separate, single-story commercial garage are also part of the property. The garage has 200-amp three-phase service and another 200-amp panel; additional levels may be added. The reported cap rate is 8.1%. Built in 1938, the property is just north of Bryn Mawr and adjacent to the Devon corridor, with access to public transportation and Lake Shore Drive.

Key Highlights

  • Three lots and three PINs
  • Three‑story building with a storefront, office space, and two two‑bedroom apartments
  • Separate one‑story commercial garage with 200‑amp three‑phase service and capacity for additional levels

Property Analytics

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Open Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Spa & Massage Center

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Dining 3%
Dollar Tree Shops & Services
9,356 visits/mo 0.4 miles
Mobil Shops & Services
8,609 visits/mo 0.5 miles
Mobil Shops & Services
8,368 visits/mo 0.5 miles
Chase Bank Shops & Services
6,188 visits/mo 0.5 miles
Jiffy Lube Shops & Services
2,194 visits/mo 0.4 miles

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines storefront and office space, two apartments, a gated parking lot, and a separate 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 lots and three PINs; Three‑story building with a storefront, office space, and two two‑bedroom apartments; Separate one‑story commercial garage with 200‑amp three‑phase service and capacity for additional levels
More about this property
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