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$290,000

  • For Sale
  • Active
  • Commercial
  • 2,500 Sq. Ft.
See This Home
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This mulit-unit, mixed use building provides a space for a tavern (zoned), restaurant or daycare on the first level with owners apartment unit on the 2nd level. updated baths, flooring, walls, wet bar and paint. The apartment has hardwood floors throughout, decorative fireplace, clean and modern kitchen and 3.5 bedrooms. The commercial space was previously a tavern but can be converted into any storefront, garage, store, this building has so much potential, just awaiting your vision to bring it back to life! There is also a full basement which provides additional space/storage. The location can not be beat, on the highly traffic North Ave, walking distance to public transportation, walk to train as well and minutes from I-290! Tavern location is well known. Proof of funds prior to reviewing tenant occupied unit.

Full Property Details for 5525 W North Ave

General

  • Price: $290,000
  • Taxes: $5,429 (2022)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12206367
  • Updated: 2/4/2026
  • Added to Site: 469 day(s) ago

Rental Information

  • Lease Terms: NONE

Location

  • Area: CHI - Austin
  • County: Cook
  • Township: West Chicago
  • Driving Directions: AUSTIN BLVD NORTH RIGHT ON NORTH AVE EAST TO THE PROPERTY
  • Location Details: Chicago West

Heating & Cooling

  • Cooling Type: Central Individual
  • Heating Type: Gas

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Roof: Fiberglass, Rubber
  • Stories/Levels: 2
  • Square Feet: 2,500
  • # of Stores: 1
  • Year Built: 1925
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 3,943
  • Lot Dimensions: 3125
  • Zoning: OTHER

Financial Considerations

  • Assessment Year: 1925
  • Tax Amount: $5,429
  • Tax Year: 2022
  • Tenant Pays: Air Conditioning, Electricity, Heat, Other

Disclosures and Reports

  • Property ID: 16041010030000

Listed by Expert Realty

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— 5525 W North Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 5525 W North Ave

School District:Chicago Public School District 299
NameGradesDistance
Young Elementary School
1434 North Parkside Avenue, Chicago, IL 60651
PK-80.3 mi
Orr Academy High School
730 North Pulaski Road, Chicago, IL 60624
9-122.2 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 5525 W North Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Price Increased
$290,000
3.94%
MLS
1/26/2026
Price Reduced
$279,000
-6.69%
MLS
5/15/2025
Price Reduced
$299,000
-3.55%
MLS
11/08/2024
Listed
$310,000
213.13%
MLS
7/23/2019
Sold
$99,000
—
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 5525 W North Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,697
3%
$27,000
—
2022
$5,553
2%
$27,000
—
2021
$5,429
37%
$27,000
52%
2020
$3,952
-2%
$17,740
-12%
2019
$4,033
2%
$20,074
—
2018
$3,965
-36%
$20,074
-30%
2017
$6,208
88%
$28,839
—
2016
$3,310
12%
$28,839
—
2015
$2,950
9%
$28,839
24%
2014
$2,711
-20%
$23,183
—
2013
$3,397
-8%
$23,183
—
2012
$3,712
—
$23,183
—
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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5525 W North Avenue, Chicago, IL 60639 (MLS# 12206367) is a Commercial property. 5525 W North Avenue is currently listed for $290,000 and was received on November 08, 2024. Want to learn more about 5525 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.

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