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.
Property Details
Price:
$469,900
MLS #:
MRD12716801
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiaustin
Listed Date:
Jul 29, 2026
Total Sq Ft:
4,098
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Office Only
Flooring
Carpet, Tile, Wood
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2023
Taxes
$3,376
Map
Community
- Address5318 W North Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
Market Summary
Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,020,876
Avg List Price
Property Summary
- 5318 W North Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $469,900
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Copyright 2026. All rights reserved.
5318 W North Avenue
Chicago, IL


