5473 W Chicago Ave, Chicago, IL 60651, Chicago, IL 60651
sale
$1,200,000
|
Single Family Attached
Courtesy Of Coldwell Banker Realty
Strategically located along Chicago Avenue in Chicago's established Austin neighborhood, this mixed-use investment property benefits from its position along a neighborhood commercial corridor surrounded by residential communities, local businesses, retail establishments, and essential services. The property offers convenient access to major thoroughfares, including Chicago Avenue, Central Avenue, Cicero Avenue, and Austin Boulevard, providing connectivity throughout Chicago's West Side and surrounding communities. The location supports a combination of residential and commercial uses, making it attractive to investors seeking diversified rental income. Its street-level commercial spaces offer opportunities for neighborhood-serving retail, office, and service-oriented businesses, while the surrounding residential population supports continued demand for apartment housing. Located within the Austin Commercial TIF District, the property may also benefit from qualifying City of Chicago economic development initiatives and building improvement incentive programs, subject to eligibility and approval. With its established urban setting, access to transportation corridors, and potential for continued neighborhood investment, this Chicago Avenue property presents an opportunity for investors seeking long-term ownership and value-add potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: JTKPXQ
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