5120 W Grand Avenue Chicago, IL ^$ 1,900,000

5120 W Grand Avenue

^$ 1,900,000

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5120 W Grand Avenue

Chicago, IL, 60639

^$ 1,900,000

Bedrooms-- Baths-- Sq 19,541

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Property for Rent in Chicago, IL

for $1,900,000. This 19,541 square foot property was built in 1927 on a lot size of 0.385675.

Mixed-use investment opportunity in Chicago's rapidly developing Cragin/Hanson Park corridor. Well-maintained property consists of 10-Residential apartments and 3-Commercial storefronts, offering strong in-place cash flow with long-term upside potential. B3-1 zoning, extensive capital improvements include newer windows, roof, tuckpointing, electrical, kitchens, and bathrooms. High-visibility Grand Ave location with strong vehicle and pedestrian traffic. Conveniently located near CTA bus lines, Grand/Cicero Metra station, Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services. Excellent income-producing asset with stable tenant mix in a growing Northwest Side market.

Rental Active

Price

^$ 1,900,000

Taxes

^$ 10,545

Style

Commercial

Lot Size

0.385675

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12655383

Features

General

Cooling Window Unit(s)

Zoning COMMR

Construction Materials Brick Concrete

Year Built 1927

Electric Service - 0 to 100 Amps

Stories Count 2

Tax Year 2024

Current Use Commercial

Gross Income 151200

County Cook

Net Operating Income 137700

Operating Expense 61500

Insurance Expense 24000

Property Type Commercial Sale Mixed Use

Possible Use Condominium Multi-Family

Status New

Directions Cicero Ave. west on Grand Ave. to address. Laramie Ave. east on Grand Ave. to address.

City Chicago

Number Of Units Total 13

MLS Area CHI - Belmont Cragin

Lot Size Square Feet 16800

Tax Annual Amount 10545

Electric Expense 2400

Fuel Expense 8400

Trash Expense 4800

Water Sewer Expense 8400

Additional Parcels Y/N N

Lease Type Gross

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 19541

Lot Dimensions 100x168

Frontage Type City Street

* Excluded Features

List By

Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

Nearby

Trends
Schools

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
6/12/2026	$1,900,000		Listed Price

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5120 W Grand Avenue, Chicago, IL, 60639 is a Property for Rent at $1,900,000 with 19,541 sqft and a lot size of 0.385675. 5120 W Grand Avenue was built in 1927. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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Data is updated as of 6/14/2026.

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5120 W Grand Avenue

Property for Rent in Chicago, IL

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