For Sale: Former Funeral Home on North Ave.
Former Funeral Home Totaling 20,756 SF
Marketing description
Available for sale is a portfolio of three adjacent builidngs, formally occupied by a funeral home and located in the heart of Chicago’s Austin neighborhood. Situated at at the northeast corner of Long and North Avenues, which is a main artery in the North Austin neighborhood. The site features three masonry buildings across eight lots, totaling 0.57 acres, with a mix of commercial, residential, and garage/shop space. Existing improvements include the corner property which is a two-story mixed-use building plus a basement. The unit mix includes chapel, one, one-bedroom apartment, four studio apartments and a detached garage. The middle property is a one story, part-two story building with a partial basement. The mixed-use property has the funeral home on the first floor and a three-bedroom apartment on the second floor. The third building is a single-story commercial property that consists of office space and a garage/shop area.
Positioned along a major West Side corridor, the Austin neighborhood provides strong demographics, high traffic, and convenient access to North Avenue, Central Avenue, I-290, and nearby CTA transit options. With ongoing revitalization and emerging local businesses, this signalized corner at North and Long Avenues offers exceptional visibility and is well-suited for redevelopment, repositioning, or multitenant leasing—an attractive opportunity for investors seeking value and long-term growth.
Investment highlights
• Three adjacent mixed-use buildings
- 1605 N Long - 5,440 SF, two-story building consisting of five apartments and a chapel
- 5350 W North - 8,188 SF building consisting of a former funeral home and one, three-bedroom apartment
- 5346 W North Ave - 9,000 SF singlestory office building with rear garage
• 13 parking spaces
• Strong opportunity for repositioning, redevelopment, or multi-tenant investment
• Easy access to expressway and public transportation
• Nearby attractions: Planet Fitness, AMC Galewood Crossings 14, Walmart, Home Depot and Menards
• Land area: 25,020 SF
• Traffic count: 22,969 vehicles daily
• Zoning: B3-1
• Real Estate Taxes (2024) - $51,482.01
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