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$324,900
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Property Description
CORNER building! PROPOSED PLANS INCLUDED, of 7 unit apartment building! Plus full height basemen for additional square footage. 3 Private parking spots on property. NEW WINDOWS, NEW ROOF, NEW TUCK POINTING. Building is completely gutted and cleaned out on the interior. Perfect opportunity for investors to complete this project! This building is CURRENTLY a 3 unit building. CASH ONLY! All showing requests must have PROOF OF FUNDS!
Full Property Details
Full Property Details for 5256 W Chicago Ave
General
- Price: $324,900
- Taxes: $4,406 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12498835
- Updated: 10/29/2025
- Added to Site: 91 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: PROPERTY ON NORTH EAST CORNER of Chicago and Lockwood
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 5,280
- Year Built: 1918
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,601
- Lot Dimensions: 25 x 125
- Potential Use: Commercial, Multi-Family
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1918
- Tax Amount: $4,406
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Sewer
Disclosures and Reports
- Property ID: 16043300320000
Listed by @properties Christie�s International Real Estate
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Schools
Schools serving 5256 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hay Elementary Community Academy 1018 North Laramie Avenue, Chicago, IL 60651 | PK-8 | 0.3 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5256 W Chicago Ave
Date
Details
Price
Change
Source
10/18/2025
Listed
$324,900
622%
MLS
5/11/2017
Sold
$45,000
—
Public Record
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
Tax History for 5256 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,406
28%
$17,990
25%
2022
$3,445
37%
$14,348
34%
2021
$2,514
102%
$10,709
121%
2020
$1,245
11%
$4,840
—
2019
$1,121
2%
$4,840
—
2018
$1,102
-85%
$4,840
-68%
2017
$7,449
115%
$15,146
—
2016
$3,472
25%
$15,146
—
2015
$2,775
-7%
$15,146
-6%
2014
$2,983
2%
$16,080
—
2013
$2,925
1%
$16,080
—
2012
$2,885
—
$16,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5256 W Chicago Ave
5256 W Chicago Avenue, Chicago, IL 60651 (MLS# 12498835) is a Commercial property. 5256 W Chicago Avenue is currently listed for $324,900 and was received on October 18, 2025. Want to learn more about 5256 W Chicago Avenue? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

