5318 W North Avenue Chicago, IL $ 469,900
5318 W North Avenue
$ 469,900
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5318 W North Avenue

Chicago, IL, 60639
$ 469,900
Bedrooms-- Baths-- Sq 4,098
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Property for Rent in Chicago, IL

for $469,900. This 4,098 square foot property was built in 1926 on a lot size of 0.0689.

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.

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Rental Active

Price

$ 469,900

Taxes

$ 3,376

Style

Lot Size

0.0689

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12716801

Features
General
Cooling Office Only
Utilities Electric to Site Natural Gas Available Water Available
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers Separate Meters Power - 120V Power - 240V
Tenant Pays Electricity Heat
Stories Count 3
Township Jefferson
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 15109
Insurance Expense 8000
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office Multi-Family
Status Active
Directions Located on the North side of North Avenue One Block West of Laramie Avenue.
City Chicago
Number Of Units Total 3
MLS Area CHI - Austin
Lot Size Square Feet 3000
Tax Annual Amount 3376
Electric Expense 195
Fuel Expense 5161
Trash Expense 0
Water Sewer Expense 1827
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
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Interior
Flooring Carpet Tile Wood
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 4098
Lot Dimensions 25 X 120
Lot Size Acres 0.0689
Frontage Type City Street
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* Excluded Features
List By
Rlb Realty Group, Inc.

Broker

LaTangela.Ward@RLBRealtygroup.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$469,900 Listed Price

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5318 W North Avenue, Chicago, IL, 60639 is a Property for Rent at $469,900 with 4,098 sqft and a lot size of 0.0689. 5318 W North Avenue was built in 1926. The property's zip code is 60639 which is in Chicago, IL