5338-58 W North Avenue
Chicago, IL 60639

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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.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60639
• Year Built: 1924
• Sq.Ft.: 22,628 sq ft
• Stories: 2
• Additional Parcels: Yes
• Approximate Age: Older
• Building Area Total: 22628
• Built Before 1978 (Y/N): Yes
• Cooling: Central Air
• Directions: North on Cicero, West on North ave to property
• Geographic Locale: Chicago North
• Information: 48-Hr Notice Required
• Lot Size Square Feet: 25020
• Main Type: Commercial Sale
• Property Sub Type: Mixed Use
• Tax Annual Amount: 51482.01
• Tax Year: 2024
• Township: North Chicago