5620 N Western Ave

Chicago, IL 60659

$1,149,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a building with a garden
a sign on top of a building
a view of a building with entryway
a view of a kitchen with seating area
a view of a house with barbeque and door
a living room with furniture and a wooden floor
a view of a dining room with furniture and wooden floor
a room with furniture a rug toys and a ceiling fan
a bathroom with a sink and a mirror
a view of entryway
a view of empty room with wooden floor and fan
a view of an empty room with a window
a bathroom with a sink and a mirror
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with a refrigerator and a stove
an empty room with a window
a view of empty room with wooden floor and fan
an empty room with wooden floor and windows
a living room with furniture and a flat screen tv
a living room with furniture and a couch
a dining room with furniture and window
a bathroom with a sink mirror vanity and toilet
a bed room with a bed and a baby bed
a living room with furniture and a couch
a kitchen with stainless steel appliances wooden floor and dining table
a view of a room with gym equipment
a view of roof deck with patio
a view of a building and a street
a view of storage and utility room

Description

ARCADIA TERRACE INVESTMENT OPPORTUNITY---FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. Rent increases coming in September. All tenants are on yearly leases except for 5822 which is m-t-m. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel,...ARCADIA TERRACE INVESTMENT OPPORTUNITY---FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. Rent increases coming in September. All tenants are on yearly leases except for 5822 which is m-t-m. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.

Property Details for 5620 North Western Avenue

Area
CHI - West Ridge
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 10/27/2025 12:07 AM

Property Details for 5620 North Western Avenue

StatusActive
MLS #12339360
Days on Market235
Taxes$24,110 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1938
Lot Size0.22 AC / 9,375 SF
CountyCook County

Location

Listing Courtesy of EXIT Strategy Realty
Add your commute

Building Information for 5620 North Western Avenue

Stories3Residences5Year Built1938Lot Size0.22 AC / 9,375 SF

Payment Calculator

$7,687 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,678

Property Taxes

$2,009

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5620 North Western Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany,Show-Special Instructions,48-Hr Notice Required,Highly Confidential
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Separate Meters, Service - 101 to 200 Amps, Three Phase
  • Flooring: Carpet, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 2
  • Misc Inside: Elevator/s Passenger,Accessible Washroom/s,Multi-Tenant
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electricity Available, Natural Gas Available
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 75 X 125
  • Lot Size Square Feet: 9375.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Other
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4800
  • # Of Offices: 1
  • Office SqFt: 1750
  • Other SqFt: 2500
  • Retail SqFt: 3750
  • # Of Ranges: 2
  • # Of Stores: 1
Property and Assessments
  • Possible Use: Other
  • Public Document Count: 0
  • Photos Count: 32
Miscellaneous
  • Current Use: Commercial, Office, Automotive
  • Location: Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $3,150.00
  • Gross Income: $133,673.00
  • Gross Scheduled Income: $133,673.00
  • Insurance Expense: $2,204.00
  • Electric Expense Source: Combination
  • Known Encumbrances: None Known
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Combination
  • Total Monthly Income: 11139
  • Water Expense Source: Combination
  • Net Operating Income: $90,625.00
  • Operating Expense: $41,619.00
  • Other Expense: $7,500.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 5620 North Western Avenue

DateEvent & SourcePriceAppreciation
Oct 21, 2025

Price Change

MRED #12339360

$1,149,000—
Apr 15, 2025

Listed (Active)

MRED #12339360

$1,199,000—
Mar 31, 2025

Expired

MRED #11978562

$1,199,000—
Jan 22, 2025

Temporarily Off Market

MRED #11978562

$1,199,000—
Feb 9, 2024

Listed (Active)

MRED #11978562

$1,199,000—
Oct 19, 2023

Expired

MRED #11395385

$1,199,000—
May 5, 2022

Listed (Active)

MRED #11395385

$1,250,000—
Mar 27, 2018

Cancelled

MRED #09809796

$1,249,000—
Nov 30, 2017

Listed (Active)

MRED #09809796

$1,249,000—
Jan 22, 2016

Sold

MRED #08877682

$600,000—
Jan 21, 2016

Pending

MRED #08877682

—
Apr 1, 2015

Listed (Active)

MRED #08877682

$429,000—
DateEvent & SourcePrice
10/21/2025

Price Change

MRED #12339360

$1,149,000
04/15/2025

Listed (Active)

MRED #12339360

$1,199,000
03/31/2025

Expired

MRED #11978562

$1,199,000
01/22/2025

Temporarily Off Market

MRED #11978562

$1,199,000
02/09/2024

Listed (Active)

MRED #11978562

$1,199,000
10/19/2023

Expired

MRED #11395385

$1,199,000
05/05/2022

Listed (Active)

MRED #11395385

$1,250,000
03/27/2018

Cancelled

MRED #09809796

$1,249,000
11/30/2017

Listed (Active)

MRED #09809796

$1,249,000
01/22/2016

Sold

MRED #08877682

$600,000
01/21/2016

Pending

MRED #08877682

—
04/01/2015

Listed (Active)

MRED #08877682

$429,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5620 North Western Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Jamieson Elementary School
Public - PK to 8
Mather High School
Public - 9 to 12
Stone Elementary Scholastic Academy
Public - K to 8
Northside College Preparatory High School
Public - 9 to 12
Rating
School
Distance
Jamieson Elementary School
PublicPK to 8

Mather High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

Northside College Preparatory 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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 5620 North Western Avenue, Chicago, IL 60659

5620 North Western Avenue is a mixed use property for sale in Chicago, IL 60659. This property was listed for sale on April 15, 2025 by EXIT Strategy Realty, it's currently listed at $1,149,000. It has been on the market for a total of 235 days and was last sold on January 22, 2016. This listing's school district is Chicago Public Schools. Nearby schools include Jamieson Elementary School, Mather High School and Stone Elementary Scholastic Academy. 5620 North Western Avenue is a 0-bed, 0-bath, mixed use property built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Strategy Realty

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 10/27/2025 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.