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Storefront Building with Basement
New
For Sale
Under Contract
$270,000

5638 W Chicago Avenue, Chicago, IL 60651

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 5638 W Chicago Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Just a little west of Central on Chicago Ave., south side of street
Subdivision CHI - Austin
Standard status Active Under Contract
APN 15054300330000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17679

Utilities

Utilities Natural Gas Available

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Membrane
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Alberto Gonzalez
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 22 at 5:06PM
MLS# 12790735

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 brick storefront building dates to 1960 and has a basement. The interior is roughed out for future construction, and visible construction materials are included. The property occupies 0.1636 acres and has a membrane roof, with natural gas available.

Located at 5638 W Chicago Avenue in Chicago, the property is within the COMMR zoning designation. Chicago Avenue is undergoing reconstruction that includes new sidewalks.

Key Highlights

  • 0.1636‑acre storefront property
  • Basement included
  • Brick construction; built in 1960

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sweer Potato Patch ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Skin Care Clinic (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Home Improvements & Furnishings 14% Dining 11% Electronics 6%
Family Dollar Shops & Services
8,062 visits/mo 0.5 miles
Family Dollar Shops & Services
5,734 visits/mo 0.3 miles
Dollar General Shops & Services
5,708 visits/mo 0.1 miles
Ace Hardware Home Improvements & Furnishings
4,090 visits/mo 0.5 miles
SUBWAY Dining
3,249 visits/mo 0.5 miles

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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?
Storefront property - The unfinished interior includes visible construction materials that convey with the property.
Where is this storefront property located?
The property is located at 5638 W Chicago Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 0.1636‑acre storefront property; Basement included; Brick construction; built in 1960
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