Chicago, IL 60630,5481 N Northwest Highway
See all 60 photos
Chicago, IL 60630,5481 N Northwest Highway
Chicago, IL 60630,5481 N Northwest Highway
Chicago, IL 60630,5481 N Northwest Highway
Chicago, IL 60630,5481 N Northwest Highway
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Mayra Pezzella

Mayra Pezzella

+1(224) 508-1554
Listed by Cassidy Goodingof RE/MAX Properties Northwest
$ 1,099,000
Est. payment /mo
Save
Active

5481 N Northwest Highway Chicago, IL 60630

6,920 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,920 sqft

Price per Sqft $158

MLS Listing ID 12475279

Year Built 1926

Annual Tax Amount $13,082

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Mixed Use

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

View Y/N true

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Norwood Park Elementary School

    Public | KG - 8

  • 9

    Oriole Park Elementary School

    Public | PK - 8

  • 9

    Ebinger Elementary School

    Public | KG - 8

  • 9

    Onahan Elementary School

    Public | PK - 8

  • 9

    Wildwood Elementary School

    Public | KG - 8

  • 9

    Edgebrook Elementary School

    Public | KG - 8

  • 9

    Fairview South Elementary School

    Public | PK - 8

  • 9

    Sauganash Elementary School

    Public | KG - 8

  • 8

    J Giles Elementary School

    Public | PK - 8

  • 8

    Edison Park Elementary School

    Public | PK - 8

  • 8

    Bridge Elementary School

    Public | PK - 8

  • 8

    Beaubien Elementary School

    Public | PK - 8

  • 7

    Dever Elementary School

    Public | PK - 8

  • 7

    Union Ridge Elementary School

    Public | PK - 8

  • 7

    Garvy Elementary School

    Public | PK - 8

  • 7

    Smyser Elementary School

    Public | KG - 8

  • 7

    Hitch Elementary School

    Public | PK - 8

  • 7

    Thorp O a Elementary Scholastic Academy

    Public | KG - 8

  • 7

    Chicago Academy Elementary School

    Public | PK - 8

  • 7

    Farnsworth Elementary School

    Public | PK - 8

Middle Schools 2
  • 6

    Lincoln Jr High School

    Public | 6 - 8

  • 0

    Newhope Academy

    Private | 7 - 12

High Schools 16
  • 10

    Niles West High School

    Public | 9 - 12

  • 9

    Ridgewood Community High School

    Public | 9 - 12

  • 8

    Taft High School

    Public | 9 - 12

  • 5

    Chicago Academy High School

    Public | 9 - 12

  • 3

    Schurz High School

    Public | 9 - 12

  • 1

    Steinmetz College Prep High School

    Public | 9 - 12

  • 1

    Foreman High School

    Public | 9 - 12

  • 0

    Resurrection College Preparatory High School

    Private | 9 - 12

  • 0

    Ombudsman Chicago Northwest High School

    Public | 9 - 12

  • 0

    Ombudsman Chicago South High School

    Public | 9 - 12

  • 0

    St Patrick High School

    Private | 9 - 12

  • 0

    Niles Central

    Public | 9 - 12

  • 0

    Luther North College Preparatory

    Private | 9 - 12

  • 0

    Vaughn Occupational High School

    Public | 9 - 12

  • 0

    Fasman Yeshiva High School

    Private | 9 - 12

  • 0

    Lydia Urban Academy

    Private | 9 - 12

School and business data provided by Attom Data.
Mayra Pezzella

Mayra Pezzella

Real Estate Professional | REALTOR® | License ID: 1010235

+1(224) 508-1554

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Mayra Pezzella, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5481 N Northwest Highway