5614 W Chicago Avenue, Chicago, IL 60651 - Photo 1

1/1

$759,500

Sold
Closed
Commercial
Updated 13 days ago

1/1

Property Description

Be apart of the South/West Commercial Corridor Improvement Strategy. Located just blocks east of Oak Park, Mixed-Use Building has (11 units total) 6 commercial units and 5 residential units. Commercial units are approx. 950 - 1600 sq ft (mol). Majority units are rented with long time tenants and leases in place. Property has been well maintained and updated. All units, both commercial and residential, are separately metered for heat and electricity. One apartment and 5 businesses with A/C (2 new 2018). New firewall and area tuck-pointing 2018. Waterproof Elastomeric Roof Sealant 2024. Clean, full unfinished basement provides additional storage. Adjacent leases. Residential units are 2 bedroom/ 1 bath units with stable parking lot available $30,000. PIN #16-05-431-018. MANY BUILDING IMPROVEMENTS!!!

Full Property Details

Full Property Details for 5614 W Chicago Ave

General

Sold For: $759,500
Taxes: $19,926 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12091251
Added to Site: 572 day(s) ago

Additional Information

Security/Safety: Fire Extinguisher(s)

Location

Area: CHI - Austin
County: Cook
Driving Directions: Austin to Chicago Ave, east to property / Central Ave to Chicago Ave, west to property
Location Details: Chicago West, Corner, Mixed-Use Area, Public Transport Avail

Heating & Cooling

Cooling Type: Central Air Conditioning, Central Individual, Exhaust Fan
Heating Type: Central Heat/Individual Controls, Forced Air

Utilities

Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

Construction: Concrete, Brick
Exterior Const.: Concrete, Brick
Foundation: Concrete Perimeter
Roof: Rubber
Stories/Levels: 1
# of Stores: 6
Year Built: 1913
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 17,222
Lot Dimensions: 125.25 x 137.50 x 125.25 x 137.50 (+-)
Frontage: City Street
Zoning: COMMR

Financial Considerations

Security Deposit: Fire Extinguisher/s
Assessment Year: 1913
Tax Amount: $19,926.1
Tax Year: 2023
Tenant Pays: Electricity, Heat, Varies by Tenant

Disclosures and Reports

Property ID: 16054310190000

Listed and Sold by Charles Rutenberg Realty of IL

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— 5614 W Chicago Ave —

Charles Rutenberg Realty of IL

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Schools

Schools serving 5614 W Chicago Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Brunson Math & Sci Specialty Elementary School 932 North Central Avenue, Chicago, IL 60651	PK-8	0.2 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 5614 W Chicago Ave

Date

Details

Price

Change

Source

12/31/2025

Sold

$759,500

0.07%

MLS

8/20/2024

Price Reduced

$759,000

-5.01%

MLS

6/22/2024

Listed

$799,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
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Single Family
Active
Updated 1 day ago

6
Beds
2
Total Baths
1,400
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Price Reduced

-$2,000 (-0.73%)

$272,900

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Updated 15 hours ago

4
Beds
2
Total Baths
1,700
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$649,000

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Updated 23 hours ago

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Price Reduced

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Active
Updated 23 hours ago

5
Total Beds

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Price Reduced

-$10,000 (-3.23%)

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Active
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Commercial
Closed

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Sold

$749,000

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Multi-Family
Closed

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Single Family
Closed

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Beds
2
Total Baths
1,764
Sq. Ft.

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Sold

$835,000

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Commercial
Closed

6,300
Sq. Ft.

5614 W Chicago Avenue, Chicago, IL 60651 (MLS# 12091251) is a Commercial property that was sold at $759,500 on December 31, 2025. Want to learn more about 5614 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.

5614 W Chicago Ave Chicago, IL 60651