$849,900
1047 N Western Avenue #1
Chicago, IL, 60622
Prime Investment Opportunity in the Heart of Ukrainian Village! Well-maintained mixed-use property located in one of Chicago’s most desirable neighborhoods. This income-producing building features a fully leased retail storefront on the ground level and two residential apartments on the 2nd and 3rd floors – both currently rented, offering immediate cash flow. Situated on high-visibility N Western Ave, this property benefits from strong foot and vehicle traffic, making it ideal for long-term investment or future value appreciation. The residential units provide steady rental income, while the commercial space adds diversification to your portfolio. Unbeatable location in vibrant Ukrainian Village, surrounded by restaurants, cafes, shops, and convenient access to public transportation. Perfect for investors seeking a turnkey property in a prime Chicago location!
Property Details
Price:
$849,900
MLS #:
MRD12631427
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwesttown
Listed Date:
Apr 27, 2026
Year Built:
1914
Schools
Interior
Cooling
Central Air
Flooring
Wood
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2024
Taxes
$16,200
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of May 24, 2026
907
Commercial Listed
187
Avg DOM
$1,013,985
Avg List Price
Community
- Address1047 N Western Avenue #1 Chicago IL
- CityChicago
- CountyCook
- Zip Code60622
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Property Summary
- 1047 N Western Avenue #1 Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $849,900 To schedule a showing of MLS#mrd12631427 at 1047 N Western Avenue #1 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
1047 N Western Avenue #1
Chicago, IL
