Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 11949775MLS Provider

5742 W Chicago AvenueChicago, IL 60651

Commercial · 3,223 Sq. ft.
$375,000 Active

5742 W Chicago Avenue Overview

Time on Site:
922 days
Visits:
10

Welcome to 5742 W Chicago Ave in Chicago, IL, a recently remodeled mixed-use property that offers a unique investment opportunity. This building features two commercial units currently being used as hair salons and two residential units, both of which are 1-bedroom and 1-bathroom. All 4 units have been completely remodeled within the last 3 years. Each unit has its own furnace. The property has parking for 4 cars, making it convenient for tenants and customers alike. This property has been well-maintained and has undergone several updates, including both roofs are brand new, newer windows, and a new back staircase. Property has also been recently completely tuckpointed and exterior professionally painted, ensuring that it is structurally sound and visually appealing. With 4 gas meters and 4 electric meters, this building is set up for easy management and flexibility. Located in the vibrant city of Chicago, this property is ideally situated to take advantage of all the city has to offer. It is conveniently located near transportation and has easy access to shops, restaurants, and other amenities. Additionally, this property boasts super low taxes at only $2521, making it an even more attractive investment opportunity. Don't miss your chance to own this well-maintained and profitable mixed-use property in a prime location. Contact us today to schedule a viewing and see all that this property has to offer.

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5742 W Chicago Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,223
  • Price/Sq.ft. $116

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 4105
  • Gross Scheduled Income: 49260
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1908

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin
  • Township: West Chicago

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $2,521.48
  • Tax Year: 2022

General Information

  • Parcel Number: 16054280400000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 3223

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 3745
  • Lot Size Square Feet: 3745

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 4

5742 W Chicago Avenue Neighborhood

Community

60651 (CHICAGO) Demographics

34
Median Age
18,218
Population Density (per sq. mile)
22%
College Educated
$41,107
Estimated Median Income
8,812
Estimated Total Home Owners
11,120
Estimated Total Renters
44% / 56%
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.

5742 W Chicago Avenue Monthly Cost

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$ %
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$
$
* 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.

5742 W Chicago Avenue Market Data

Based on the last 30 days in this zip code

$380,393
Average List Price
$220
Average Price per Square Foot
12
Properties Sold
72
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

5742 W Chicago Avenue History

Date Event Value Agent
11/16/2025Source: MRED Status Change
Active
11/11/2025Source: MRED Status Change
Re-activated
10/30/2025Source: MRED Status Change
Contingent
6/20/2022Source: MRED Added to Database
January 27, 2022