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$195,000
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Property Description
Discover an exceptional commercial investment opportunity in the thriving Belmont Cragin neighborhood. 5814 W Grand Ave, Chicago, IL 60639, offers a versatile and open-concept 2,625 SF retail/commercial space with 13-foot ceilings, exposed brick walls, and modern industrial finishes that create a unique and stylish atmosphere for businesses. Zoned B3-1, this property provides flexibility for retail, office, studio, medical, service-oriented businesses, and even potential mixed-use redevelopment. Located on Grand Avenue, one of Chicago's major commercial corridors, this free-standing retail building enjoys exceptional street frontage and exposure to high foot and vehicle traffic. The 25-foot-wide frontage allows for a prominent business presence, making it ideal for a variety of users looking for branding and visibility. With floor-to-ceiling windows, natural light enhances the inviting interior space, making it ideal for retail and showroom concepts. Step inside to find an expansive open floor plan, offering endless layout possibilities. The high 13-foot ceilings, exposed ductwork, and exposed brick walls create a modern and inviting industrial aesthetic, perfect for businesses seeking a contemporary and stylish space. The newly installed HVAC system ensures comfort for customers and employees year-round. Belmont Cragin is undergoing major revitalization, with increasing commercial investments, new mixed-use developments, and expanding retail offerings. The area continues to attract small businesses, entrepreneurs, and national retailers, positioning it as a strategic location for investment. This location offers seamless connectivity via multiple CTA bus routes, including the Grand Ave (#65), Austin (#91), and Diversey (#76) lines, making it easily accessible to customers and employees. Additionally, the property is within a short commute to the Metra station and offers quick access to I-290 (Eisenhower Expressway) and I-94, making it highly accessible from Downtown Chicago, O'Hare Airport, and nearby suburbs. Ideal for retail shops, professional services, creative studios, medical offices, fitness centers, and more, B3-1 zoning allows for mixed-use potential, including the opportunity to build residential units above the existing structure. Surrounded by major retailers, restaurants, and growing residential developments, ensuring consistent foot traffic and customer engagement. Ample street parking provides convenience for visitors and tenants. This is a rare chance to own prime commercial real estate in an up-and-coming district at an incredibly competitive price. Whether you're an owner-user or investor, this property offers exceptional potential for long-term growth and appreciation. Schedule a private tour today and explore the possibilities.
Full Property Details
Full Property Details for 5814 W Grand Ave
General
- Sold For: $195,000
- Taxes: $11,182 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12332172
- Added to Site: 282 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: Grand ave. west to address
- Location Details: Chicago Northwest, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Reflective Coating, Rubber
- Drive-In Doors: 1
- Stories/Levels: 1
- Square Feet: 2,625
- Current Bldg. Use: Commercial
- Year Built: 1927
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,111
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1927
- Tax Amount: $11,182
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13322110490000
Listed by MoHall Commercial & Urban Development
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 5814 W Grand Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Prieto Math-Science Elementary School 2231 North Central Avenue, Chicago, IL 60639 | PK-8 | 0.3 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1.3 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 5814 W Grand Ave
Date
Details
Price
Change
Source
8/15/2025
Sold
$195,000
-4.88%
MLS
4/07/2025
Listed
$205,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5814 W Grand Avenue, Chicago, IL 60639 (MLS# 12332172) is a Commercial property that was sold at $195,000 on August 15, 2025. Want to learn more about 5814 W Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

