5411 W North Avenue Chicago, IL $ 370,000
5411 W North Avenue
$ 370,000
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5411 W North Avenue

Chicago, IL, 60639
$ 370,000
Bedrooms-- Baths-- Sq 2,561
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Property for Rent in Chicago, IL

for $370,000. This 2,561 square foot property was built in 1926 on a lot size of 0.07174.

Solid mixed-use opportunity on a high-visibility stretch of North Ave featuring two commercial storefronts and a fully renovated residential unit above. The second-floor apartment offers a spacious 3-bedroom, 2-bath open-concept layout with modern finishes throughout, including quartz countertops, white shaker cabinetry, stainless steel appliances, recessed lighting, and a stylish tile backsplash. The large living and dining area provides excellent natural light and a comfortable layout for everyday living. The first floor consists of two storefront commercial spaces with separate entrances, 1 full bath and 1 half bath, approximately 10-foot ceilings, and flexible layouts suitable for retail, service, or office use. One storefront is currently configured for salon use with plumbing and build-out already in place. There is a kitchen area on the first floor as well. The salon was previously a restaurant. Additional highlights include separate utilities, updated systems, a full basement (with bathroom) for storage or workspace, and a detached two-car garage. The property sits along a busy commercial corridor with strong visibility and steady foot and vehicle traffic. Ideal opportunity for investors or owner-occupants looking to live in the renovated residential unit while operating or leasing the commercial storefronts below. The residential unit has separate utilities, and tenants pay their own electric. Two gas meters provide flexibility for allocating heating costs. Sold As-Is Check out the 2 virtual tours!

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Rental Active

Price

$ 370,000

Taxes

$ 3,275

Style

Commercial

Lot Size

0.07174

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12581725

Features
General
Cooling Central Air Window Unit(s)
Possession Closing
Roof Membrane Reflective Coating
Zoning COMMR
Construction Materials Brick Concrete
Year Built 1926
Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps
Tenant Pays Electricity Heat
Stories Count 2
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 56400
County Cook
Net Operating Income 42698
Operating Expense 13702
Insurance Expense 2486
Property Type Commercial Sale Mixed Use
Possible Use Commercial Condominium Retail
Status New
Directions Travel westbound on North Ave from the east for approximately nine blocks to reach the property on the south side. If coming from the west proceed east on North Ave for about three blocks; the buildi
City Chicago
Number Of Units Total 3
MLS Area CHI - Austin
Lot Size Square Feet 3125
Tax Annual Amount 3275.97
Electric Expense 2184
Fuel Expense 2340
Trash Expense 0
Water Sewer Expense 416
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/d32c2b8d-4520-4ba5-b706-7ed0cf64c46b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Lease Type N/A
Standard Status Active
Cap Rate 11.5
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Interior
Flooring Vinyl
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Brick/Mortar Concrete Perimeter
Building Area Total 2561
Lot Dimensions 20 X 156
Frontage Type City Street
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* Excluded Features
List By
Cesar De La Cruz Real Estate Inc

Broker

Cesar@delacruzrealestate.net

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$370,000 Listed Price

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5411 W North Avenue, Chicago, IL, 60639 is a Property for Rent at $370,000 with 2,561 sqft and a lot size of 0.07174. 5411 W North Avenue was built in 1926. The property's zip code is 60639 which is in Chicago, IL