Properties

Features
: Central Air
: Electric to Site , Natural Gas Available , Sewer Connected , Water Available
Address Map
US
IL
Cook
Chicago
60630
Northwest
5481
Highway
W88° 13' 21.7''
N41° 58' 50''
Northwest Hwy, South of Bryn Mawr Ave
CHI - Jefferson Park
CHI - Jefferson Park
N
N
COMMR
Additional Information
6920
: Commercial
Circuit Breakers
Circuit Breakers
30X125
4
4
2
RE/MAX Properties Northwest
Cassidy Gooding
Financial
13082
Listing Information
254869
8096
MRED
Listing Information
Active
2026-05-05T17:18:03Z
2025-09-24T05:05:36Z
Property Description

Your opportunity to own an income generating, fully leased mixed-use building in the heart of Gladstone Park. Located on high-visibility Northwest Highway directly across from the Gladstone Park Metra station, this property offers a turnkey investment in a great location. The building includes one commercial space with a full basement, currently operating as a restaurant/cafe, plus three residential apartments and an attached garage. Residential units include one spacious 2 bed/2 bath with the garage and two 1 bed/1bath units. This transit-oriented asset features stable cash flow and a reliable tenant base – an ideal opportunity for investors seeking long-term income in a well-connected Northwest Side location. All residential units have received new HVAC, plumbing, electrical, and water heaters within the past five years. The commercial space features updated plumbing, electric, and HVAC systems (2009) along with a newer water heater. The rubber-coated roof was recoated in 2020, ensuring long-term durability and reduced maintenance costs. Nearby parks, schools, and walkable residential blocks enhance the area’s livability, while the building’s proximity to downtown Chicago and O’Hare International Airport further amplifies its appeal. This property represents a rare opportunity to invest in a stabilized, mixed-use asset in one of Chicago’s most connected and resilient neighborhoods.

Commercial Sale For Sale

5481 N Northwest Highway, Chicago, Illinois 60630

$1,099,000
Listing ID#12475279
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12475279
Price : $1,099,000
Year Built : 1926
Listing Status : Active
Property Sub Type : Mixed Use
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