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$205,000
Est. payment /mo
2,625 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,625 sqft
Price per Sqft $78
MLS Listing ID 12317585
Year Built 1927
Annual Tax Amount $11,182
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Retail/Stores
Property Description
Discover an exceptional commercial investment opportunity in the thriving Belmont Cragin neighborhood. 5814 W Grand Ave, Chicago, IL 60639, offers a versatile and open-concept 2,625 SF retail/commercial space with 13-foot ceilings, exposed brick walls, and modern industrial finishes that create a unique and stylish atmosphere for businesses. Zoned B3-1, this property provides flexibility for retail, office, studio, medical, service-oriented businesses, and even potential mixed-use redevelopment. Located on Grand Avenue, one of Chicago's major commercial corridors, this free-standing retail building enjoys exceptional street frontage and exposure to high foot and vehicle traffic. The 25-foot-wide frontage allows for a prominent business presence, making it ideal for a variety of users looking for branding and visibility. With floor-to-ceiling windows, natural light enhances the inviting interior space, making it ideal for retail and showroom concepts. Step inside to find an expansive open floor plan, offering endless layout possibilities. The high 13-foot ceilings, exposed ductwork, and exposed brick walls create a modern and inviting industrial aesthetic, perfect for businesses seeking a contemporary and stylish space. The newly installed HVAC system ensures comfort for customers and employees year-round. Belmont Cragin is undergoing major revitalization, with increasing commercial investments, new mixed-use developments, and expanding retail offerings. The area continues to attract small businesses, entrepreneurs, and national retailers, positioning it as a strategic location for investment. This location offers seamless connectivity via multiple CTA bus routes, including the Grand Ave (#65), Austin (#91), and Diversey (#76) lines, making it easily accessible to customers and employees. Additionally, the property is within a short commute to the Metra station and offers quick access to I-290 (Eisenhower Expressway) and I-94, making it highly accessible from Downtown Chicago, O'Hare Airport, and nearby suburbs. Ideal for retail shops, professional services, creative studios, medical offices, fitness centers, and more, B3-1 zoning allows for mixed-use potential, including the opportunity to build residential units above the existing structure. Surrounded by major retailers, restaurants, and growing residential developments, ensuring consistent foot traffic and customer engagement. Ample street parking provides convenience for visitors and tenants. This is a rare chance to own prime commercial real estate in an up-and-coming district at an incredibly competitive price. Whether you're an owner-user or investor, this property offers exceptional potential for long-term growth and appreciation. Schedule a private tour today and explore the possibilities.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Reflective Coating,Rubber
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Moses Hall • MoHall Commerical & Urban Development
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