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$780,000
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Property 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.
Full Property Details
Full Property Details for 5338-58 W North Ave
General
- Price: $780,000
- Taxes: $51,482 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12534325
- Updated: 12/23/2025
- Added to Site: 50 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Austin
- County: Cook
- Township: North Chicago
- Driving Directions: North on Cicero, West on North ave to property
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Stories/Levels: 2
- Square Feet: 22,628
- Year Built: 1924
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 25,020
- Lot Dimensions: 0 x 0
Financial Considerations
- Security Deposit: Other
- Assessment Year: 1924
- Tax Amount: $51,482.01
- Tax Year: 2024
Disclosures and Reports
- Property ID: 13333230310000
Listed by Millennium Properties RE, Inc.
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Price & Sales History for 5338-58 W North Ave
Date
Details
Price
Change
Source
12/17/2025
Listed
$780,000
—
MLS
Disclaimer: Historical sales 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 5338-58 W North Ave
5338-58 W North Avenue, Chicago, IL 60639 (MLS# 12534325) is a Commercial property. 5338-58 W North Avenue is currently listed for $780,000 and was received on December 17, 2025. Want to learn more about 5338-58 W North 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.

