Newly Remodeled Mixed-Use
For Sale
$449,000
5941 W Chicago Avenue, Chicago, IL 60651
Newly remodeled apartments and businesses are clean and operational, generating over $4,000 per month.
Property SizeContact for details
Days on Market389
Property Features for 5941 W Chicago Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,895
Building Details
Year Built
1916
Stories
2
Units
4
Listing Agency:
HomeSmart Realty Group
Listed By:
Mousa Zughayer · License #475164622
(708) 320-0002
Source:
Gia-sells
Added: Aug 14, 2025
Changed: Sep 5
Last Checked: Aug 10 at 10:17AM
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 HomeSmart Realty Group
Investment Insights
Based on property information with market context.
This for-sale mixed-use investment property features newly remodeled apartments and businesses that are clean and operational. The property is being presented as an income-producing asset with current monthly earnings reported to be over $4,000 per month.
Located at 5941 West Chicago Avenue in Chicago, Illinois, the offering combines residential income with storefront/business space in a single package. This structure may appeal to buyers looking to manage both apartment and commercial components under one ownership.
As described, the property is maintained with minimal maintenance expenses, supporting an operational, turn-key presentation for day-to-day use.
Located at 5941 West Chicago Avenue in Chicago, Illinois, the offering combines residential income with storefront/business space in a single package. This structure may appeal to buyers looking to manage both apartment and commercial components under one ownership.
As described, the property is maintained with minimal maintenance expenses, supporting an operational, turn-key presentation for day-to-day use.
Key Highlights
- Built in 1916
- Newly remodeled apartments and businesses are clean and operational
- Generates over $4,000 per month
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,668
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Home Improvements & Furnishings 19%
Electronics 6%
BP
Shops & Services
8,741 visits/mo
0.3 miles
Dollar General
Shops & Services
5,708 visits/mo
0.4 miles
Ace Hardware
Home Improvements & Furnishings
4,090 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
2,121 visits/mo
0.2 miles
Boost Mobile
Electronics
1,222 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
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Newly remodeled apartments and businesses are clean and operational, generating over $4,000 per month.
Where is this residential income property located?
The property is located at 5941 W Chicago Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Built in 1916; Newly remodeled apartments and businesses are clean and operational; Generates over $4,000 per month
