$675,000
1016 N WESTERN Avenue
Chicago, IL, 60622
Opportunity calls with this mixed-use brick building located in the heart of Ukrainian Village on a vibrant stretch of Western Ave. Striking blond brick exterior exterior with large windows that showcases the art gallery that has been the long-time occupant. The commercial gallery space is spacious and well-lit featuring high ceilings, track lighting, and excellent wall space that serves as the perfect backdrop for showcasing artwork. Above the storefront you’ll find an owner’s unit, stylish three-bedroom, one-bathroom apartment renovated with a contemporary aesthetic, featuring formal living and dining room, fully renovated kitchen and stylish shared bath. Large windows flood the apartment with natural light, high-end finishes hardwood floors, quartz countertops, and stainless steel appliances add a touch of luxury. There is an two bed one bath coachouse unit that has long been used as a visiting artist space with a bonus unfinished loft space that could be monetized. This versatile space can be customized to suit various uses, such as a creative studio, a co-working space or the 2/1 apartment can be duplexed providing endless possibilities for generating revenue. The coach house is situated over an oversized two car garage.
Property Details
Price:
$675,000
MLS #:
MRD11902360
Status:
Pending
Beds:
0
Baths:
0
Address:
1016 N WESTERN Avenue
Type:
Commercial
Subtype:
Mixed Use
City:
Chicago
Listed Date:
Oct 5, 2023
State:
IL
ZIP:
60622
Year Built:
1906
Schools
Interior
Cooling
Window Unit(s)
Flooring
Carpet, Wood
Exterior
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2021
Taxes
$9,936
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1016 N WESTERN Avenue
Chicago, IL
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