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Listed by Zachary Danielsof Westward360 RM
$ 1,375,000
Est. payment /mo
Active
4054 N Western Avenue Chicago, IL 60618
4,225 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,225 sqft
Price per Sqft $325
MLS Listing ID 12612659
Year Built 1923
Annual Tax Amount $8,603
Tax Year 2024
Lot Dimensions 108 X 32.76
Property Sub-Type Mixed Use
Property Description
Turnkey property that's a 6-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (4) residential units and (2) commercial spaces, all fully occupied and generating immediate income. The building has undergone a complete renovation, including three new HVAC systems, two new water heaters (three total), and three new air condensers-offering peace of mind for years to come. The property boasts approximately 33 feet of prime storefront frontage along Western Avenue, with additional curb appeal provided by a landscaped parkway along Belle Plaine. The commercial spaces include a fully built-out cafe which is occupied by Dulce De Leche Cafecito which has become a neighborhood favorite and an established personal training gym. Positioned in a high-traffic corridor in North Center and is surrounded by other great neighborhoods of Ravenswood, Lincoln Square, and Roscoe Village, this location is ideal for both residential and commercial tenants. Located within the highly sought-after Coonley School District and just steps from Wells, Revere, and Horner Parks, as well as the Chicago River and 312 Riverwalk, the property offers exceptional lifestyle appeal. Lincoln Avenue's restaurants, bars, and nightlife are just four blocks away. Convenient access to public transportation includes the Western Avenue bus right outside the door and the Brown Line just five blocks east. Zoned B3-2, this is a prime, turnkey investment in one of Chicago's most desirable neighborhoods.
Location
State IL
County Cook
Zoning OTHER
Interior
Cooling Central Air, Window Unit(s)
Fireplaces Number 1
Fireplace Y
Exterior
Utilities Available Electric to Site, Natural Gas Available
View Y/N true
Roof Type Composition
Others
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