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$599,000

  • For Sale
  • Active
  • Commercial
  • Updated 9 days ago
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Arcadia Terrace / West Ridge, Chicago's most ethnically diverse neighborhoods steps away from Lincoln Square and Devon Ave. corridors served by CTA buses that connect to the Red, Purple, and Brown Lines plus Metra access nearby. Offering 2-Story mixed-use building and adjacent vacant lot 25X110 on Western Ave. Mixed commercial and residential districts featuring large main level commercial space and 2nd level 2-residntial units. Building in need of work/rehab from A-Z. Outstanding visibility, exposure and foot traffic on Western Ave. Full basement with ample storage space to support commercial operations. Location surrounded by dense residential/commercial traffic, with nearby retailers including Walgreens, walkable amenities and within steps of public transportation, shops, dining, and nightlife. Life and work property with income potential and significant upside in one of Chicago's most dynamic neighborhoods.

Full Property Details for 5640 N Western Ave

General

  • Price: $599,000
  • Taxes: $6,690 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12464595
  • Updated: 1/8/2026
  • Added to Site: 129 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - West Ridge
  • County: Cook
  • Driving Directions: Western Ave. between Bryn Mawr Ave. and Peterson Ave. Western Ave. south or north to address
  • Location Details: Northwest Suburban, Commercial Business Park, Industrial Area/Campus, Mixed-Use Area, In City Limits

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Stories/Levels: 2
  • # of Stores: 1
  • Year Built: 1930
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 5,500
  • Lot Dimensions: 50 x 110
  • Potential Use: Condominium, Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1930
  • Tax Amount: $6,690
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 13014320180000

Listed by Century 21 Circle

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— 5640 N Western Ave —

  • Century 21 Circle

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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 5640 N Western Ave

School District:Chicago Public School District 299
NameGradesDistance
Jamieson Elementary School
5650 North Mozart Street, Chicago, IL 60659
K-80.6 mi
Mather High School
5835 North Lincoln Avenue, Chicago, IL 60659
9-120.6 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 5640 N Western Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$599,000
-7.7%
MLS
9/10/2025
Listed
$649,000
62.25%
MLS
11/06/2024
Sold
$400,000
—
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 5640 N Western Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,741
3%
$8,250
—
2022
$1,697
2%
$8,250
—
2021
$1,659
50%
$8,250
67%
2020
$1,103
11%
$4,950
—
2019
$994
2%
$4,950
—
2018
$978
3%
$4,950
12%
2017
$947
7%
$4,400
—
2016
$881
9%
$4,400
—
2015
$806
5%
$4,400
7%
2014
$765
2%
$4,125
—
2013
$750
1%
$4,125
—
2012
$740
—
$4,125
—
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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5640 N Western Avenue, Chicago, IL 60659 (MLS# 12464595) is a Commercial property. 5640 N Western Avenue is currently listed for $599,000 and was received on September 10, 2025. Want to learn more about 5640 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

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