5481 N Northwest Hwy




























































Description
Property Details for 5481 North Northwest Highway
Property Details for 5481 North Northwest Highway
| Status | Active |
|---|---|
| MLS # | 12475279 |
| Days on Market | 89 |
| Taxes | $13,082 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale |
| Year Built | 1926 |
| Lot Size | 0.09 AC / 3,750 SF |
| County | Cook County |
Location
Building Information for 5481 North Northwest Highway
Payment Calculator
$6,521 per month
30 year fixed, 6.28% Interest
$5,431
$1,090
$0
Property Information for 5481 North Northwest Highway
- Indoor Parking: 1-5 Spaces,Attached
- Frontage Type: City Street
- Geographic Locale: Chicago Northwest
- Information: 48-Hr Notice Required
- Estimated Tax/Sf: 0
- Additional Parcels: No
- Air Conditioning: Central Air
- Electric: Circuit Breakers
- Heat/Ventilation: Forced Air,Gas
- Num of Baths: 0.0
- # Of Apts: 3
- Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Tenant Pays: Varies by Tenant
- Built Before 1978: Yes
- Approximate Age: Older
- Lot Dimensions: 30X125
- Lot Size Square Feet: 3750.0
- Stories: 2
- Fire Protection: Other
- Building Area Total: 6920
- # Of Offices: 0
- # Of Stores: 1
- Property Sub Type: Mixed Use
- MRD_UNC: No
- Public Document Count: 0
- Photos Count: 60
- Estimated Cam/Sf: 0
- Current Use: Commercial
- Virtual Tour: None
- Virtual Tour YN: No
- Number Of Units Total: 4
- Electric Expense: $.00
- Fuel Expense: $.00
- Gross Income: $94,800.00
- Gross Scheduled Income: $94,800.00
- Insurance Expense: $9,800.00
- Known Encumbrances: None Known
- Total Annual Expense Source: Owner Projection
- Total Monthly Income: 7900
- Net Operating Income: $71,342.00
- Operating Expense: $23,458.00
- Other Expense: $.00
- Trash Expense: $.00
- Water Sewer Expense: $576.00
Property History for 5481 North Northwest Highway
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 18, 2025 | Cancelled MRED #12431895 | $1,149,000 | — |
| Sep 18, 2025 | Listed (Active) MRED #12475279 | $1,099,000 | — |
| Aug 6, 2025 | Listed (Active) MRED #12431895 | $1,149,000 | — |
| Jun 15, 2020 | Expired MRED #10667436 | $699,000 | — |
| Mar 13, 2020 | Listed (Active) MRED #10667436 | $699,000 | — |
| Nov 2, 2019 | Expired MRED #10168642 | $699,000 | — |
| Aug 16, 2019 | Listed (Active) MRED #10168642 | $699,000 | — |
| Jan 9, 2019 | Cancelled MRED #10120557 | $729,000 | — |
| Oct 23, 2018 | Listed (Active) MRED #10120557 | $729,000 | — |
| Oct 19, 2016 | Cancelled MRED #09344263 | $849,900 | — |
| Sep 16, 2016 | Listed (Active) MRED #09344263 | $849,900 | — |
| Feb 27, 2009 | Sold (Public Record) Public Record #264015264 | $100,000 | -22.0% / yr |
| Sep 24, 2002 | Sold (Public Record) Public Record #101492820 | $492,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/18/2025 | Cancelled MRED #12431895 | $1,149,000 |
| 09/18/2025 | Listed (Active) MRED #12475279 | $1,099,000 |
| 08/06/2025 | Listed (Active) MRED #12431895 | $1,149,000 |
| 06/15/2020 | Expired MRED #10667436 | $699,000 |
| 03/13/2020 | Listed (Active) MRED #10667436 | $699,000 |
| 11/02/2019 | Expired MRED #10168642 | $699,000 |
| 08/16/2019 | Listed (Active) MRED #10168642 | $699,000 |
| 01/09/2019 | Cancelled MRED #10120557 | $729,000 |
| 10/23/2018 | Listed (Active) MRED #10120557 | $729,000 |
| 10/19/2016 | Cancelled MRED #09344263 | $849,900 |
| 09/16/2016 | Listed (Active) MRED #09344263 | $849,900 |
| 02/27/2009 | Sold (Public Record) Public Record #264015264 | $100,000 -22.0% / yr |
| 09/24/2002 | Sold (Public Record) Public Record #101492820 | $492,500 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5481 North Northwest Highway
Schools near 5481 North Northwest Highway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 7 to 12 | |||
| Public - | PK to 3 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hitch Elementary School PublicPK to 8 | ||
Taft High School Public7 to 12 | ||
Beard Elementary School PublicPK to 3 | ||
Vaughn Occupational High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of RE/MAX Properties Northwest
Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/24/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.




























































