View All Austin Chicago IL Mixed Use Homes Listings

$415,000
12662521 MLS CLOSED Status
Unique Investment Opportunity: Iconic ESO Theater Property For Sale Welcome to a truly one-of-a-kind property in the heart of Chicago's vibrant Austin neighborhood, right on the border of the Oak Park community. Currently home to the celebrated ESO Theater, this multi-functional space offers an extraordinary opportunity for entrepreneurs, artists, investors, and visionaries looking to own a dynamic commercial and residential property with built-in revenue potential. Property Highlights: Over 6,000 sq ft of mixed use commercial space Purpose-built for performing arts, events, music showcases, or creative studios Multiple performance areas with AV hook-ups for audio/visual integration Spacious kitchen area with multiple freezers - ideal for launching a restaurant, cafe, or catering business Several private offices, dressing rooms, and bathrooms for staff and guests Dedicated employee restroom in the kitchen area Zoned B3-2, offering extensive flexibility for various business types Licensed as a Public Place of Amusement and Performing Arts Venue Residential Income Potential: Two fully equipped apartments on the second level. One 3bed 1.5bath & one 2bed 1bath. Combined rental income potential of $3,000+ per month Income can cover the mortgage, allowing your business to flourish without financial strain Whether you're a theater operator, restaurateur, creative collective, or investor seeking a cash-flow-positive property with deep community roots, this space delivers. Open commercial space and residential units, it's a rare blend of function, flexibility, and financial upside. Don't miss your chance to own a cornerstone building with unmatched potential.

5401 W Madison Street, Chicago

$370,000
12581725 MLS CLOSED Status
Solid mixed-use opportunity on a high-visibility stretch of North Ave featuring two commercial storefronts and a fully renovated residential unit above. The second-floor apartment offers a spacious 3-bedroom, 2-bath open-concept layout with modern finishes throughout, including quartz countertops, white shaker cabinetry, stainless steel appliances, recessed lighting, and a stylish tile backsplash. The large living and dining area provides excellent natural light and a comfortable layout for everyday living. The first floor consists of two storefront commercial spaces with separate entrances, 1 full bath and 1 half bath, approximately 10-foot ceilings, and flexible layouts suitable for retail, service, or office use. One storefront is currently configured for salon use with plumbing and build-out already in place. There is a kitchen area on the first floor as well. The salon was previously a restaurant. Additional highlights include separate utilities, updated systems, a full basement (with bathroom) for storage or workspace, and a detached two-car garage. The property sits along a busy commercial corridor with strong visibility and steady foot and vehicle traffic. Ideal opportunity for investors or owner-occupants looking to live in the renovated residential unit while operating or leasing the commercial storefronts below. The residential unit has separate utilities, and tenants pay their own electric. Two gas meters provide flexibility for allocating heating costs. Sold As-Is Check out the 2 virtual tours!

5411 W North Avenue, Chicago

$780,000
12534325 MLS CONTINGENT Status
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.

5338-58 W North Avenue, Chicago

$355,000
12439995 MLS CLOSED Status
Welcome to an exceptional opportunity at 5818 W North Ave, a magnificent mixed-use property that combines charm, character, and limitless potential, located in the heart of the vibrant community of Chicago. This property has been cherished for over 20 years as a beloved church, and it now awaits a visionary buyer ready to embrace its unique legacy.Step inside to experience the inviting atmosphere, accentuated by the stunning decor featuring royal purple pews and comfortable chairs that create a warm, welcoming space for worship and community gatherings. The fully equipped sound system along with musical instruments will enable your congregation to flourish in this beautifully appointed environment.The property boasts a spacious basement that acts as a communal dining area, perfect for fellowship and celebrations. It also includes a well-maintained kitchen and an office space, providing the versatility needed for both operational efficiency and comfort.As a valuable asset for the new owner, the second level features a charming 3-bedroom apartment, offering ample space and privacy. This level not only adds significant income potential but also presents an ideal living quarters for the new owner. With just a touch of tender loving care, this living space can be transformed into a cozy home or an income-generating retreat.Located in a bustling neighborhood, this property is conveniently accessible, making it an attractive option for your congregation, clients, or tenants. The blend of commercial and residential spaces offers a unique business model, combining community service and potential rental income.Don't miss the chance to own a property steeped in history and ready for a bright future. Schedule a viewing today and imagine the countless possibilities that await you at 5818 W North Ave.

5818 W North Avenue, Chicago

$240,000
11959283 MLS CLOSED Status
4952 W Chicago Ave is a mixed-use building that presents a unique blend of potential and foundational upgrades and an opportunity for creative renovation. The significant improvements already in place provide a solid base for future development and customization. This building boasts a versatile layout that includes three apartments and a retail space, offering a diverse income stream. Each apartment features a spacious two-bedroom, One-bathroom design, ideal for comfortable urban living. The retail space on the ground floor presents a prime opportunity for a business venture, adding to the property's appeal and financial viability. Among the key upgrades, the property benefits from a completely revamped electrical system, ensuring a modern infrastructure for both residential and commercial use. It provides excellent visibility and accessibility, making it an attractive location for businesses and residents, and it opens up various possibilities for future development. The required renovation presents a unique opportunity for investors, entrepreneurs, or developers to imprint their vision on the property. The existing updates, like the new electrical system and roof, lay the groundwork, reducing the scale of immediate renovations and adding value to the investment. Ideal for those looking to invest in a property with a head start on critical upgrades, This building is not just a property; it's a canvas ready for transformation into a thriving hub of activity and community.

4952 W Chicago Avenue, Chicago

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Austin, Chicago IL · Curated MLS Search

Mixed Use Homes in Austin, Chicago IL

An editorially curated view of every active mixed use homes listing in Austin, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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