Corner Mixed-Use Retail
For Sale
Contact for pricing
6052-56 W North Ave, Chicago, IL 60639
6,600 SF mixed-use building with three storefronts and two leased apartments, plus billboard income and low owner expenses.
Property Size6,600 SF
Days on Market122
Property Features for 6052-56 W North Ave
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Cap Rate
9.4%
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Brad Thompson · License #IL 471013662
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 4:50AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
A 6,600 square foot mixed-use building for sale at the corner of North and Meade, divided into three storefront spaces and a 3-bed and 2-bed apartment. Both apartments are leased to long-term tenants. Leasing activity includes a proposed lease for the 1,600 square foot corner storefront, while a new lease was recently signed for the middle unit.
The property also features billboard income and is described as having low owner expenses, supporting solid in-place income.
Configured for combination retail and residential use, the building offers three separate storefronts alongside the two separately leased apartment units.
The property also features billboard income and is described as having low owner expenses, supporting solid in-place income.
Configured for combination retail and residential use, the building offers three separate storefronts alongside the two separately leased apartment units.
Key Highlights
- 6,600 SF mixed‑use building on the corner of North and Meade, with three storefronts and two apartments
- Two apartments (3‑bed and 2‑bed) are leased to long‑term tenants
- Proposed lease for the 1,600 SF corner storefront; a new lease recently signed for the middle unit
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 6,600 SF mixed-use building with three storefronts and two leased apartments, plus billboard income and low owner expenses.
Where is this mixed-use property located?
The property is located at 6052-56 W North Ave Chicago, IL.
What are key features of this property?
This property features: 6,600 SF mixed‑use building on the corner of North and Meade, with three storefronts and two apartments; Two apartments (3‑bed and 2‑bed) are leased to long‑term tenants; Proposed lease for the 1,600 SF corner storefront; a new lease recently signed for the middle unit
