About This Home

This 0-bedroom, 0-bathroom commercial at 5318 W North Avenue in Chicago, IL is listed for $469,900. Built in 1926, on a 0.07 acres lot.

Key Features

  • Built in 1926
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
1926
Listing Description

Mixed-Use Investment Opportunity with Vacant Residential Units and Existing Commercial Space! This mixed-use building features a street-level commercial space approximately 1,044 square feet, two 2-bedroom, 1-bath residential apartments with separate living and dining rooms, and a detached two-car garage.

The residential units are currently vacant, providing flexibility for future occupancy, leasing, or improvements. The commercial space is currently occupied by a month-to-month tenant under a non-traditional lease arrangement. The tenant is affiliated with the current ownership, and the existing rental terms are not reflective of market rent.

The tenant has expressed interest in continuing occupancy, subject to negotiation of future lease terms between the tenant and the future owner. The property offers flexibility for investment or owner-occupancy opportunities, subject to applicable zoning and municipal requirements.

Located on North Avenue with street frontage and convenient access to public transportation, shopping, restaurants, and major expressways. Property is being sold AS IS. Buyer is responsible for conducting all desired inspections and independently verifying room dimensions, square footage, zoning, permitted uses, leases, rental information, taxes, and all other information material to the purchase.

Monthly Cost Estimate

$2,513/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,036
Insurance$137

Estimates only. Actual payments may vary.

Location

5318 W North Avenue

Chicago, IL 60639

Property Details

Flooring

TileWoodCarpet

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5318 W North Avenue is listed at $469,900. The estimated monthly payment is $2,513 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.07 acre lot, 3 stories.

This property is listed by Latangela Ward.

LW

Latangela Ward

Agent at RLB Realty Group, Inc.

Listed by RLB Realty Group, Inc. · Broker phone: (773) 268-2000 · Broker website

MLS# 12716801· Source: Midwest Real Estate Data, LLC· 95 days on PropertySimple

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.

5318 W North Avenue, Chicago, IL 60639

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