The subject property is located at 4837-4839 North Western Ave., Chicago, IL 60625 (the “Property”). This is an urban mixed-use (retail/residential) building located in Chicago’s dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a two-story building, 11,200 SF GLA, and 5,670 SF or (0.13 AC) rectangular-shaped site. The property is located on “Western Avenue (North)” – Tax Increment Financing District with reference Number: T-84. The property located at 4841-4851 North Western Avenue which is north and next to the subject property is currently also for sale *** excellent frontage on Western Avenue (both properties) of 176.59! The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
Property Details
Price:
$2,549,000
MLS #:
MRD11946599
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chilincolnsquare
Listed Date:
Jan 8, 2024
Total Sq Ft:
11,200
Year Built:
1952
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Roof
Membrane
Financial
Tax Year
2022
Taxes
$23,507
Listing Agent & Office
Wesley Jonberg
Baird & Warner
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4839 N Western Avenue
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