Chicago, IL 60639,5338-58 W North AVE
Chicago, IL 60639,5338-58 W North AVE
Chicago, IL 60639,5338-58 W North AVE
Chicago, IL 60639,5338-58 W North AVE
Chicago, IL 60639,5338-58 W North AVE
Chicago, IL 60639,5338-58 W North AVE
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 780,000
Est. payment | /mo

22,628 SqFt


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$ 780,000
Est. payment | /mo
Save

22,628 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 22,628 sqft

Price per Sqft $34

MLS Listing ID 12534325

Year Built 1924

Annual Tax Amount $51,482

Tax Year 2024

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Area Chi - Austin

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Midwest Real Estate Data (MRED) IDX
Listed by Susan Silver of  Millennium Properties RE, Inc. 
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Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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5338-58 W North AVE