1608 W North Avenue Chicago IL 60622 MLS #MRD12475436

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Mixed-use opportunity in a prime East Wicker Park location at North Avenue and Ashland. Three-story building with Commercial on the Main Floor, currently a Restaurant, and Two Apartments above. All tenants are month-to-month with rents well below market. Lots of upside here. ideal for a turnkey opportunity, a new restaurant owner, or a pop-up restaurant venue. Apartments are 2-bedroom and 3-bedroom with in-unit washers and dryers. Each unit has its own central air conditioning, heating, and hot water. The building sits kitty-corner from Hyatt Place Chicago/Wicker Park and one block west of the North Ave exit off 90/94, the Kennedy Expressway. Very low expenses and low taxes.

Property Details

Price:
$1,100,000
MLS #:
MRD12475436
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwesttown
Listed Date:
Oct 14, 2025
Year Built:
1897
Chi – West TownChiwesttown

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$60,384
Tax Year
2023
Taxes
$15,817

Listing Agent & Office

Alexis Eldorrado
Eldorrado Chicago Real Estate

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