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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12655383MLS Provider

5120 W Grand AvenueChicago, IL 60639

Commercial · 19,541 Sq. ft.
$1,900,000 Active

5120 W Grand Avenue Overview

Time on Site:
17 days
Visits:
0

Mixed-use investment opportunity in Chicago's rapidly developing Cragin/Hanson Park corridor. Well-maintained property consists of 10-Residential apartments and 3-Commercial storefronts, offering strong in-place cash flow with long-term upside potential. B3-1 zoning, extensive capital improvements include newer windows, roof, tuckpointing, electrical, kitchens, and bathrooms. High-visibility Grand Ave location with strong vehicle and pedestrian traffic. Conveniently located near CTA bus lines, Grand/Cicero Metra station, Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services. Excellent income-producing asset with stable tenant mix in a growing Northwest Side market.

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5120 W Grand Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 19,541
  • Price/Sq.ft. $97

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 2400
  • Existing Lease Type: Gross
  • Fuel Expense: 8400
  • Gross Income: 151200
  • Gross Scheduled Income: 151200
  • Insurance Expense: 24000
  • Net Operating Income: 137700
  • Operating Expense: 61500
  • Trash Expense: 4800
  • Water Sewer Expense: 8400

Building Information

  • Year Built: 1927

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Belmont Cragin

Tax Information

  • Tax Annual Amount: $10,545.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13332240290000
  • Possible Use: Condominium,Multi-Family
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 19541

General Information

  • Cooling: Window Unit(s)
  • Electric: Service - 0 to 100 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 100x168
  • Lot Size Square Feet: 16800

Building Exterior/Construction

  • Construction Materials: Brick, Concrete

General Information

  • Number Of Units Total: 13

5120 W Grand Avenue Neighborhood

Community

60639 (Chicago) Demographics

35
Median Age
18,147
Population Density (per sq. mile)
20%
College Educated
$51,810
Estimated Median Income
12,979
Estimated Total Home Owners
12,828
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5120 W Grand Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5120 W Grand Avenue Market Data

Based on the last 30 days in this zip code

$496,366
Average List Price
$256
Average Price per Square Foot
14
Properties Sold
54
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

5120 W Grand Avenue History

Date Event Value Agent
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Added to Database
June 12, 2026