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28970248
28970251

5338-58 W North Ave, Chicago, IL 60639

SS
IL 475136992
Millennium Properties R/E
Millennium Properties R/E
Listed by Millennium Properties R/E
Unpriced
172 days on market
Updated 74 days ago

For Sale: Former Funeral Home on North Ave.

Details
Property Type Mixed Use, Office
Sub Type Apartments, Mixed-Use (+1)
Buildings 3
Stories 2
Lot Size (SqFt) 25,020
Zoning B3-1

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

Listing Contacts

SS
IL 475136992
Millennium Properties R/E
Millennium Properties R/E
Listed by Millennium Properties R/E

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