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$449,000

  • For Sale
  • Active
  • Commercial
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Great Investment property! Newly remodeled apartments and businesses are clean and operational. Generates over $4k a month, super low taxes and very minimal maintenance expenses.

Full Property Details for 5941 W Chicago Ave

General

  • Price: $449,000
  • Taxes: $4,895 (2022)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12446194
  • Updated: 8/21/2025
  • Added to Site: 155 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s), Partially Sprinklered

Location

  • Area: CHI - Austin
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Central to Chicago west to property
  • Location Details: East/West Corridor

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat

Utilities

  • Trash: 400

Structural Information

  • Stories/Levels: 2
  • # of Stores: 2
  • Year Built: 1916
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 4

Lot Features

  • Lot Size (Sq. Ft.): 4,680
  • Lot Dimensions: 25 x 20

Financial Considerations

  • Lease Price: $10
  • Insurance Fee: $1,000
  • Security Deposit: Alarm Monitored, Fire Extinguisher/s, Partially Sprinklered
  • Assessment Year: 1916
  • Tax Amount: $4,895
  • Tax Year: 2022
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Pays Electric: 800
  • Pays Trash: 400

Disclosures and Reports

  • Property ID: 16082000070000

Listed by HomeSmart Realty Group

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Listing agent

— 5941 W Chicago Ave —

  • HomeSmart Realty Group

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5941 W Chicago Ave

School District:Chicago Public School District 299
NameGradesDistance
Brunson Math & Sci Specialty Elementary School
932 North Central Avenue, Chicago, IL 60651
PK-80.5 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 5941 W Chicago Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2025
Listed
$449,000
2145%
MLS
11/12/2014
Sold
$20,000
—
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 5941 W Chicago Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,376
3%
$16,000
—
2022
$3,291
2%
$16,000
—
2021
$3,217
-20%
$16,000
-11%
2020
$4,013
-2%
$18,014
-12%
2019
$4,113
2%
$20,471
—
2018
$4,044
14%
$20,471
24%
2017
$3,556
7%
$16,520
—
2016
$3,309
9%
$16,520
—
2015
$3,027
7%
$16,520
8%
2014
$2,826
2%
$15,229
—
2013
$2,770
1%
$15,229
—
2012
$2,733
—
$15,229
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by HomeSmart Realty Group

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5941 W Chicago Avenue, Chicago, IL 60651 (MLS# 12446194) is a Commercial property. 5941 W Chicago Avenue is currently listed for $449,000 and was received on August 14, 2025. Want to learn more about 5941 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.

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