Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12657479MLS Provider

5124 W Kinzie AvenueChicago, IL 60644

Commercial · 3 Beds
$315,000 Active

5124 W Kinzie Avenue Overview

Time on Site:
26 days
Visits:
1

Bring your vision to life with this unique brick multifamily investment opportunity on a prominent corner lot in Chicago's Austin neighborhood. Currently configured as a 4-unit property and situated on two PINs, the basement is partially finished with 2 possible in-law units. Subject to zoning, permitting, and municipal approval. Fully vacant and ready for renovation, this property provides investors and developers with the advantage of immediate access to reimagine, restore, and create value from the ground up. Solid brick construction, corner-lot visibility, and significant value-add potential make this a compelling opportunity to invest in the future. Plant a seed and watch it grow as you unlock the possibilities of this well-positioned asset. Property is being sold as-is. Buyer is responsible for all inspections, due diligence, and verification of all information.

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5124 W Kinzie Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $7,134.64
  • Tax Year: 2024

General Information

  • Parcel Number: 16092250170000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 127.5x35.2

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

5124 W Kinzie Avenue Neighborhood

Community

60644 (Chicago) Demographics

36
Median Age
13,070
Population Density (per sq. mile)
19%
College Educated
$28,033
Estimated Median Income
5,202
Estimated Total Home Owners
12,107
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5124 W Kinzie Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5124 W Kinzie Avenue Market Data

Based on the last 30 days in this zip code

$312,454
Average List Price
$167
Average Price per Square Foot
10
Properties Sold
73
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

5124 W Kinzie Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Price Reduction
$315,000 -1.6%
6/24/2026Source: MRED Status Change
Price Change
6/20/2026Source: MRED Status Change
Active
6/14/2026Source: MRED Price Reduction
$320,000 -1.5%
6/14/2026Source: MRED Status Change
Price Change
6/8/2026Source: MRED Status Change
Active
6/3/2026Source: MRED Added to Database
June 03, 2026