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$1,900,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 19,541 Sq. Ft.
  • Updated 3 days ago

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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.

Full Property Details for 5120 W Grand Ave

General

  • Price: $1,900,000
  • Taxes: $10,545 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12655383
  • Updated: 6/12/2026
  • Added to Site: 4 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Driving Directions: Cicero Ave. west on Grand Ave. to address. Laramie Ave. east on Grand Ave. to address.
  • Location Details: Southwest Suburban, Central Business District, Corner, Public Transport Avail, High Traffic Area

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Trash: 4800

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Foundation: Concrete Perimeter
  • Stories/Levels: 2
  • Square Feet: 19,541
  • Current Bldg. Use: Commercial
  • # of Stores: 3
  • Year Built: 1927
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 11

Lot Features

  • Lot Size (Sq. Ft.): 16,800
  • Lot Dimensions: 100 x 168
  • Frontage: City Street
  • Potential Use: Condominium, Multi-Family
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $24,000
  • Operating Expenses: $61,500
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1927
  • Tax Amount: $10,545
  • Tax Year: 2024
  • Pays Electric: 2400
  • Pays Trash: 4800

Disclosures and Reports

  • Property ID: 13332240290000

Listed by Century 21 Circle

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— 5120 W Grand Ave —

  • Century 21 Circle

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5120 W Grand Ave

School District:Chicago Public School District 299
NameGradesDistance
Lloyd Elementary School
2103 North Lamon Avenue, Chicago, IL 60639
K-50.4 mi
Northwest Middle School
5252 West Palmer Street, Chicago, IL 60639
6-80.3 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5120 W Grand Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2026
Listed
$1,900,000
98.43%
MLS
8/29/2007
Sold
$957,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5120 W Grand Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,545
—
$57,900
16%
2023
$10,545
3%
$49,977
—
2022
$10,279
2%
$49,977
—
2021
$10,050
-39%
$49,977
-32%
2020
$16,364
11%
$73,458
—
2019
$14,759
2%
$73,458
—
2018
$14,510
-20%
$73,458
-13%
2017
$18,138
20%
$84,257
11%
2016
$15,163
-20%
$75,704
-27%
2015
$18,886
32%
$103,066
33%
2014
$14,356
-44%
$77,374
-45%
2013
$25,817
37%
$141,952
35%
2012
$18,822
—
$104,891
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Century 21 Circle

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5120 W Grand Avenue, Chicago, IL 60639 (MLS# 12655383) is a Commercial property. 5120 W Grand Avenue is currently listed for $1,900,000 and was received on June 12, 2026. Want to learn more about 5120 W Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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