5601 S Western Avenue Chicago, IL ^$ 550,000

5601 S Western Avenue

^$ 550,000

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5601 S Western Avenue

Chicago, IL, 60636

^$ 550,000

Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

^$ 3,431

5601 S Western Avenue, Chicago, IL 60636 - Image 1

5601 S Western Avenue, Chicago, IL 60636 - Image 2

5601 S Western Avenue, Chicago, IL 60636 - Image 3

Commercial Property for sale in Chicago, IL

for $550,000. This 2,300 square foot building was built in 1979 on a lot size of 0.536616.

The north lot is 9,375 sf, and the south lot is 14,000 sf. The site is located at the southeast corner of 56th St and Western Ave. The site is currently zoned C2-2, which allows for a variety of uses. Property consists of 2 sites separated by an alley. The site was formerly occupied by a used car dealer. Currently, there are 2 structures on the site that were occupied by a used car dealer. Buildings could be renovated or torn down to accommodate a new development. The immediate area consists of many national and regional retailers, such as Dollar Tree, Dunkin Donuts, KFC, Advance Auto Parts, and a variety of independently owned retail, auto service businesses, and new/used car dealers. The neighborhood to the immediate east and west of Western Ave. is densely populated with single and multifamily residences.

Commercial Active

Price

^$ 550,000

Property Type

Commercial

Taxes

^$ 15,903

Style

Automotive

Lot Size

0.536616

Year Built

1979

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12311950

Features

General

Cooling Central Air Office Only

Utilities Natural Gas Available Water Available

Possession Closing

Zoning COMMR

Construction Materials Block Aluminum Siding

Year Built 1979

Electric Circuit Breakers

Stories Count 1

Tax Year 2023

Current Use Automotive

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions I-94 TO 55TH STREET WEST TO WESTERN AVE NORTH OR SOUTH ON WESTERN AVE TO 56TH ST

City Chicago

Number Of Units Total 2

MLS Area CHI - Gage Park

Lot Size Square Feet 23375

Tax Annual Amount 15903.41

Additional Parcels Y/N Y

Leasable Area 2300

Standard Status Active

Exterior

Building Area Total 2300

Lot Dimensions 235X95

Frontage Type City Street

* Excluded Features

List By

Network Property Managment Llc

Broker

adam@networkregroup.com

Affordability Calculator

$4,757

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $1,325
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 80%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2025	$550,000		Listed Price

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5601 S Western Avenue, Chicago, IL, 60636 is a Commercial Property for sale at $550,000 with 2,300 sqft and a lot size of 0.536616. 5601 S Western Avenue was built in 1979. The property's zip code is 60636 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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5601 S Western Avenue

Commercial Property for sale in Chicago, IL

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