5338-58 W North Avenue, Chicago, IL, 60639

$780,000

About 5338-58 W North Avenue

Available for sale is a portfolio of three adjacent builidngs, formally occupied by a funeral home and located in the heart of Chicago's Austin neighborhood. Situated at at the northeast corner of Long and North Avenues, which is a main artery in the North Austin neighborhood. The site features three masonry buildings across eight lots, totaling 0.57 acres, with a mix of commercial, residential, and garage/shop space. Existing improvements include the corner property which is a two-story mixed-use building plus a basement. The unit mix includes chapel, one, one-bedroom apartment, four studio apartments and a detached garage. The middle property is a one story, part-two story building with a partial basement. The mixed-use property has the funeral home on the first floor and a three-bedroom apartment on the second floor. The third building is a single-story commercial property that consists of office space and a garage/shop area. Positioned along a major West Side corridor, the Austin neighborhood provides strong demographics, high traffic, and convenient access to North Avenue, Central Avenue, I-290, and nearby CTA transit options. With ongoing revitalization and emerging local businesses, this signalized corner at North and Long Avenues offers exceptional visibility and is well-suited for redevelopment, repositioning, or multitenant leasing-an attractive opportunity for investors seeking value and long-term growth.

Additional Information: This property is located in the CHI - Austin neighborhood, IL. This bedrooms mixed use property is priced at $780,000.

Facts & Features

MLS® # 12534325
Price $780,000
Bathrooms 0.00
Taxes $51,482
Year Built 1924
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 5338-58 W North Avenue
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60639

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 148
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $51,482

Listing Details

OfficeMillennium Properties RE, Inc.

Listing Map

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