4054 N Western Avenue, Chicago, IL

$1,250,000

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About 4054 N Western Avenue

Turnkey property that's a 5-unit mixed-use investment opportunity in the heart of North Center. Situated on an expansive corner lot on Western/Belle Plaine, this property features (3) 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.

Features of 4054 N Western Avenue

MLS® # 12612659
Price $1,250,000
Bathrooms 0.00
Year Built 1923
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 4054 N Western Avenue
Area CHI - North Center
City Chicago
County Cook
State IL
Zip Code 60618

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace Yes
# of Fireplaces 1
Has Basement No

Exterior

Roof Composition

Additional Information

Days on Market 149
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWestward360 RM

Listing Map

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