5840 W North Avenue Chicago, IL ^$ 250,000

5840 W North Avenue

^$ 250,000

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5840 W North Avenue

Chicago, IL, 60639

^$ 250,000

Bedrooms-- Baths-- Sq 3,110

Monthly Estimate*

^$ 1,560

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Commercial Property for sale in Chicago, IL

for $250,000. This 3,110 square foot building was built in 1925 on a lot size of 0.07174.

Calliing all investors! Don't miss the opportunity to own this amazing property located in the prime Austin neighborhood only minutes from Oak Park.Take a look at this brick 2 story mixed-use property. Property offers first floor retail space currently used as a beauty salon and clothing boutique, two bedroom second floor apartment with enclosed backporch and basement.

Commercial Active

Price

^$ 250,000

Property Type

Commercial

Taxes

^$ 2,954

Style

Lot Size

0.07174

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12464537

Features

General

Cooling None

Zoning COMMR

Construction Materials Brick

Year Built 1925

Electric Circuit Breakers

Tenant Pays Other

Stories Count 2

Property Subtype Mixed Use

Tax Year 2023

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions Austin to North Ave North Ave East to property

City Chicago

Number Of Units Total 2

MLS Area CHI - Austin

Lot Size Square Feet 3125

Tax Annual Amount 2954

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 3110

Lot Dimensions 25X125

* Excluded Features

List By

First Midwest Realty Llc

Broker

Richard.Harnik@teamelite.realestate;richard.harnik@teamelite.realestate

Affordability Calculator

$1,806

Per Month

Monthly Principal & Interest: $1,560
Monthly Property Taxes: $246
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 295%

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
11/13/2025	$250,000	-9.09%	Price Down
9/5/2025	$275,000		Listed Price

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5840 W North Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $250,000 with 3,110 sqft and a lot size of 0.07174. 5840 W North Avenue was built in 1925. 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 6.375% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

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5840 W North Avenue

Commercial Property for sale in Chicago, IL

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